Losses And Loss-Adjustment Expenses,
How To Define Losses And Loss-Adjustment Expenses?
Claims and settlement costs refer to the portion of insurance funds that insurance companies have set aside from insurance funds to cover unpaid claims and costs related to the investigation and settlement of these claims. It is carried out as a liability, including an estimate of the policy loss provided to the insurer.
Losses And Loss-Adjustment Expenses definition is: It represents the total reserves of unpaid damages and claims settlement costs, including reserves incurred by the company but not generated losses and additional reserves. It is for all industries overall and all year performance.
Literal Meanings of Losses And Loss-Adjustment Expenses
Losses:
Sentences of Losses
Avoid wasting time
Synonyms of Losses
overlooking, misplacement, dropping, forgetting, mislaying
And:
Meanings of And:
A boolean operator that returns one if and only if all operations are one, otherwise zero.
It is used to include words in the same part of a speech, clause or sentence that needs to be put together.
It is used to introduce additional comments or interactions.
It is used to indicate the intention after some verbs and before other verbs, "no"
Sentences of And
If he had to make a decision, and it was the worst, he would turn his back on his parents.
Synonyms of And
together with, and, added to, along with, too, with, not to mention, including, in addition to, coupled with, besides, also, as well as
Loss:
Sentences of Loss
Avoid wasting time
Synonyms of Loss
overlooking, misplacement, dropping, mislaying, forgetting
Adjustment:
Meanings of Adjustment:
With small changes or gestures you can get the desired fit, look, or result.
Sentences of Adjustment
I have made some adjustments in my diet.
Synonyms of Adjustment
habituating, reconciliation, accommodation, habituation, adaptation, acculturation, assimilation, acclimatization, familiarization, naturalization, inurement, accustoming, adapting, accommodating, harmonization, assimilating
Expenses:
Meanings of Expenses:
Compensation for tax base (item of expenses).
The price or need for something.
Sentences of Expenses
Up to Rs 17,500 can be collected in capital expenditure this year
Conference rooms are expensive
Synonyms of Expenses
price, cost
Losses And Loss-Adjustment Expenses,
What is The Meaning of Losses And Loss-Adjustment Expenses?
It represents the total reserves of unpaid damages and claims settlement costs, including undisclosed loss reserves and additional reserves created by the company. It is aggregated for all industries and all years of performance.
Literal Meanings of Losses And Loss-Adjustment Expenses
Losses:
Synonyms of Losses
waste, forfeiture, diminution, dissipation, impoverishment, deprivation, privation, erosion, losing, depletion, squandering, disappearance, reduction
And:
Meanings of And:
It is used to combine words from a speech, a clause, or the part of a sentence that needs to be put together.
Used to indicate intent after some verbs and before other verbs, instead of "to".
A boolean operator that returns one if and only if all operators are one and the other is zero.
Synonyms of And
what's more, plus, furthermore, moreover
Loss:
Synonyms of Loss
depletion, deprivation, disappearance, squandering, dissipation, erosion, reduction, privation, diminution, losing, forfeiture, waste, impoverishment
Adjustment:
Meanings of Adjustment:
Small changes or hints to get a custom fit, shape or result.
Sentences of Adjustment
I made some changes in my diet.
Synonyms of Adjustment
rearrangement, regulation, acclimation, correction, patching up, twiddling, revamping, repair, tweaking, modification, modifying, amending, correcting, settling in, refinement, jiggering, refining, fixing, tailoring, converting, settling down, restyling
Expenses:
Meanings of Expenses:
Compensation (expenses item) as expenses in taxable income.
Sentences of Expenses
Investments can be charged up to ,500 17,500 this year.
Synonyms of Expenses
outlay, fee, tariff, amount, charge, toll, levy, payment, rate, damage, figure
