Abstract
The categories of losses and related expenses, the processing of claims, and the reporting of losses and loss adjustment expenses are outlined. The processing of claims is also traced, involving confirmation of coverage, completion of worksheets, statistical coding, grouping of similar transactions for all claims, accounting for losses paid, and a follow-up review of current reserves and paid information.
KEY WORDS: Reserving, General Accounting, Data, Statistical coding, Taxes.
Volume
6
Year
1994
Categories
Actuarial Applications and Methodologies
Data Management and Information
Data Collection and Statistical Reporting
Actuarial Applications and Methodologies
Reserving
Data Organization
Actuarial Applications and Methodologies
Data Management and Information
Statistical Plans
Actuarial Applications and Methodologies
Accounting and Reporting
Publications
Losses and Loss Expenses
