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Meaning of Estimated Ultimate Losses

Basic Insurance Terms - Actuarial Techniques Part 02

Basic Insurance Terms - Actuarial Techniques Part 02

Published 6 years ago by LankaTricks

This is the second lesson of actuarial techniques. This part also discuss another terms of Basic Insurance Terms. if you don’t read first parts of this lesson. you can learn by using following link. Estimated Ultimate Losses Ultimate loss is the amount of money required to close and settle all claims for a defined group…

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