Incurred Losses sustained losses, paid or not, during a specified time period. Incurred losses are typically found by combining losses paid during the period plus unpaid losses sustained during the time period minus outstanding losses at the beginning of the period incurred in the previous period. What is Incurred Losses , What does mean Incurred Losses , Insurance Guide, Insurance Glossary
Surplus Line specialized property or liability coverage available via nonadmitted insurers where coverage is not available through an admitted insurer, licensed... more