Incurred-but-not-Reported (IBNR) Reserves

Incurred-but-not-Reported (IBNR) Reserves,

Incurred-but-not-Reported (IBNR) Reserves: What is the Meaning of Incurred-but-not-Reported (IBNR) Reserves?

Incurred-but-not-Reported (IBNR) Reserves means, The insurance balance sheet contains accounts that reflect claims that are based on statistical forecasts, but have not been reported to the insurance company.

Literal Meanings of Incurred-but-not-Reported (IBNR) Reserves

Incurred:

Meanings of Incurred:
  1. You are suffering because of your behavior or actions (something unpleasant or unpleasant).

Sentences of Incurred
  1. I will pay all the expenses

Synonyms of Incurred

sustain, suffer, lay oneself open to, expose oneself to, bring upon oneself, experience

But:

Meanings of But:
  1. Except outside the house.

  2. Arguments, objections against something.

  3. It is used to introduce a sentence or clause that contradicts mention.

  4. This is indicated by the inattention to do nothing else.

  5. It is used to express reactions that express emotions such as surprise or anger.

  6. What is it used to say after an apology?

  7. Without this problem

  8. Nothing but loneliness.

  9. Open space, especially in a two bedroom cabin.

Sentences of But
  1. We have never been so poor in Texas

  2. No, but - just get out of here

  3. Trapped but did not fall

  4. We can only sympathize

  5. But it's a tremendous economy!

  6. Sorry, but I can't pay you

  7. It never rains, but it does fall

  8. He is just a reflection of his old self

Synonyms of But

omitting, barring, nothing but, except for, short of, bar, simply, except, leaving out, do other than, with the exception of, yet, merely, apart from, other than, save for, no more than, saving, otherwise than, besides, excepting, aside from, just, only

Not:

Meanings of Not:
  1. It is used to make a negative with an auxiliary verb or "sen". It is used in various constructions along with other verbs.

  2. It is used as a short alternative to negative clauses.

  3. It is used to denote another word.

  4. This means that it is correct to reverse the next word or phrase.

  5. A single variable boolean operator whose variable is zero and vice versa.

  6. (Paper) is not hot pressed and its surface is slightly.

Sentences of Not
  1. He will not say

  2. I may regret it, but I have no hope

  3. Not a single attempt was made

  4. The never-ending future

Synonyms of Not

loath, slow, reluctant, not in the mood, indisposed, not about, disinclined, averse

Reported:

Meanings of Reported:
  1. According to any official or official announcement or explanation.

Sentences of Reported
  1. Report Crime Rise

Incurred-but-not-Reported (IBNR) Reserves,

Incurred-but-not-Reported (IBNR) Reserves:

  1. A liability account on the insurer's balance sheet, which reflects the expected loss based on statistical estimates, but has not yet been reported to the insurer.

Literal Meanings of Incurred-but-not-Reported (IBNR) Reserves

Incurred:

Synonyms of Incurred

invite, draw, be liable/subject to, cause, give rise to, bring on, earn, attract, run up, arouse, induce, provoke, collect, meet with

But:

Meanings of But:
  1. Used to indicate the impossibility of anything other than what is said.

  2. What was used after the apology?

  3. Except that it is not.

  4. (Used at the end of a sentence).

Sentences of But
  1. He is only a shadow of his own self.

Synonyms of But

although, still and all, nobbut, (do) other than, for all that, though, excluding, except (for), be that as it may, notwithstanding, a mere, all the same, save (for), even so, at the same time, still, withal, however, in spite of that, outside of, nonetheless, natheless, nevertheless, despite that, howbeit, just the same

Not:

Meanings of Not:
  1. Used with auxiliary or "to be" verb to make negative.

  2. It is used in flattery to indicate that the opposite of the next word or phrase is correct.

  3. The only variable boolean operator that is one when the variable is zero and vice versa.

  4. (Paper) is not hot pressed and its surface is slightly structured.

Sentences of Not
  1. Not too far in the future

Reported:

Meanings of Reported:
  1. Report orally or in writing anything that has been observed, heard, done or learned.

  2. Formally indicate that you have reached a certain point or are ready to do something.

Sentences of Reported
  1. Increase in reported crimes

Synonyms of Reported

delineate, divulge, blazon, chronicle, arrive, clock on, circulate, be present, publicize, present oneself, pass on, announce, outline, proclaim, communicate, show up, set out, put out, reveal, make public, describe, appear, turn up, record, sign in, set forth, publish