A comprehensive overview of Losses Incurred But Not Reported (IBNR), indicating claims the insurance company may owe, but which have not yet been reported.
Overview of 'Other Considerations' in insurance which encompasses unallocated annuity considerations and other deposits involving mortality or morbidity risks.
A detailed explanation of 'Premiums Earned' in the insurance industry, which depicts the amount of the insurance premium considered earned by the provider, covering the elapsed portion of the policy.