Losses Incurred But Not Reported (IBNR)

Losses Incurred But Not Reported (IBNR),

Definition of Losses Incurred But Not Reported (IBNR):

  1. Definition of Losses Incurred But Not Reported (IBNR): The estimated amount that will be set aside by the insurance company to settle the claims that may arise, but for some reason the insurance company was not notified.

Literal Meanings of Losses Incurred But Not Reported (IBNR)

Losses:

Sentences of Losses
  1. Avoid wasting time

Synonyms of Losses

mislaying, overlooking, misplacement, forgetting, dropping

Incurred:

Meanings of Incurred:
  1. Being a victim of something (unwanted or hurtful) based on one's behavior or actions.

Sentences of Incurred
  1. I will bear all the expenses

Synonyms of Incurred

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

But:

Meanings of But:
  1. Except separately.

  2. Something, an argument against an objection.

  3. It is used to introduce a sentence or clause that contradicts the contradictions already mentioned.

  4. Also used to represent any impossibility

  5. It is used to initiate a reaction that expresses emotions such as surprise or anger.

  6. Used after an apology for what to say.

  7. Without it

  8. Nothing but loneliness.

  9. Outdoor rooms, especially two-bedroom cabins.

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

  2. No, but get out of here

  3. Stuck but didn't like it

  4. We can only sympathize

  5. But that's a huge savings!

  6. Sorry, but I can't pay you

  7. It never rains but it does flow

  8. He is only a shadow of himself

Synonyms of But

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

Not:

Meanings of Not:
  1. It is used to match the auxiliary or "to be" verb. It is used in some constructions along with other verbs.

  2. It is used as a short alternative to the negative clause.

  3. It is used to denote another word.

  4. It is used to make it clear that the word or phrase that follows is correct.

  5. When the variable is zero and vice versa, the only variable boolean operator is one.

  6. (Paper) is not hot pressed and has a slight texture.

Sentences of Not
  1. He will not say

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

  3. No attempt was made

  4. The future is not far off

Synonyms of Not

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

Reported:

Meanings of Reported:
  1. Officially or officially announced or explained.

Sentences of Reported
  1. Report increase in crime

Losses Incurred But Not Reported (IBNR),

Definition of Losses Incurred But Not Reported (IBNR):

A simple definition of Losses Incurred But Not Reported (IBNR) is: The estimated amount that the insurance company will allocate to settle the claims that may arise, but the insurer has not been notified for any reason.

Literal Meanings of Losses Incurred But Not Reported (IBNR)

Losses:

Meanings of Losses:
  1. The fact or action of losing something or someone.

Synonyms of Losses

impoverishment, dissipation, losing, privation, forfeiture, erosion, waste, deprivation, disappearance, depletion, diminution, squandering, reduction

Incurred:

Meanings of Incurred:
  1. (Somewhat unpleasant or unpleasant) Because of your own behavior or actions.

Synonyms of Incurred

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

But:

Meanings of But:
  1. Used to introduce a sentence or clause that contradicts what has already been said.

  2. Used to denote the impossibility of anything other than what is said.

  3. Used to start a response by expressing emotions such as surprise or anger.

  4. What to say is followed by the term apology.

  5. Without it happening.

  6. Except it's not.

  7. Nothing more than alone.

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

  9. Argument against the objection

Sentences of But
  1. Tripped but didn't like

  2. It never rains but flows.

  3. He is only his shadow

  4. Although he is a good boy

Synonyms of But

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

Not:

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

  2. Used as an alternative to the negative clause.

  3. Other words are used for negative expressions.

  4. Happiness is used to indicate that the opposite of the following word or phrase is correct.

  5. Single variable boolean operator with variable zero and vice versa.

  6. (Paper) is not hot pressed and has a slightly textured surface.

Sentences of Not
  1. Not a distant future

Reported:

Meanings of Reported:
  1. Report ■■■■■■ or in writing anything you have seen, heard, done or learned.

  2. Formally indicate that you have arrived at a specific location or are ready to do something.

Sentences of Reported
  1. Increase in reported crimes

Synonyms of Reported

blazon, announce oneself, document, sign in, promulgate, delineate, make public, announce, turn up, divulge, adumbrate, be present, give an account of, broadcast, make oneself known, set out, communicate, post, describe, punch in, circulate