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IBNR reserves are an estimate of: A. unearned premiums the insurer owes policyholders B. losses that have been incurred but not reported to the insurer

IBNR reserves are an estimate of: A. unearned premiums the insurer owes policyholders B. losses that have been incurred but not reported to the insurer C. losses that have been incurred and reported to the insurer, but not yet settled D. agent commissions owed

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