See: Free Assets; Technical Reserves.
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The amount of money that has been set aside by an insurer or reinsurer to meet outstanding claims, incurred but not reported losses and any associated expenses.
The Rantings of the barely human.
See: Free Assets; Technical Reserves.
***
The amount of money that has been set aside by an insurer or reinsurer to meet outstanding claims, incurred but not reported losses and any associated expenses.