Category: IC47A-1 CASUALTY ACTUARIAL SCIENCE PART 1 – 05

Que. 1 : Q1) Accounting Date is ….    1.  a) The Date on Which the Loss is First Reported    2.  b) The Date on Which the Loss is First Recorded in the insurer’s statistical information.    3.  c) The Date used to define the Group of Claims to be included in the Liability Estimate.    4.  d) The Date as of which […]