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IBNR reserves Generally are set by claims management personnel based on the specific facts and circumstances of the claim Are a component of the unearned
- IBNR reserves
- Generally are set by claims management personnel based on the specific facts and circumstances of the claim
- Are a component of the unearned premium reserve
- Include claim-associated expenses for claims that have already been paid
- Cover claims that have already occurred but have not been reported to the company
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Investment Science
Authors: David G. Luenberger
2nd Edition
0199740089, 978-0199740086
