Maximum loss estimate most likely due as an exposure. the insured takes special attention to loss prevention measures.

When new equity is issued after a trigger event. It is a contingency measure.

In a particular time frame, loss reoccurrence tally.

Income loss on a company’s financial statement accounting for labor strike’s financial impact.

Below-cost sale as advertised of goods or services. Intended to increase retail store customer visits. Assumption is visits will also increase full-priced item purchases. Also refer to price leader.

Loan payments a consumer cannot make and no longer recoverable are a loss amount. T

Claims reported late give the insurer extra money due to this factor introduced to permit development of losses and reimbursement.

Disability benefits for disabled workers incapable of work. Covers current or future income loss.

When control is gained by buying the majority of stocks in a failing company.

Entity receiving loss payout benefits, such as a mortgage borrower

Severe damage making an insured item a total loss because the item is no longer what it was when undamaged. Water soaked cement is an example.

Absentee hours tallied divided by Normal hours constant, typically 35 hours, times 100. Expressed as a percentage. Illness, injury, any medical problem, child care and other family and personal obligations, maternity or

Later-date amount reporting compared to the insured’s original estimated loss value.

Summary statement of an insurer’s not-yet-settled claims.

The ability an insurance company has to cover its loss with premiums.

Compression-decompression process using compression algorithms, yet experiencing no data loss. Data file size reduction technique. The decompressed file is identical in every way to the original file while not having high compression

1. In Insurance this is the total of money lost. It is by policy payout, often stated by period. 2. In General business, this occurs whenever overhead expenses exceeds income.

Insurer’s estimated time-bound total unpaid claim liability as held money. Includes unreported claim events, committed unpaid rulings, and payouts committed yet not due.

In accordance with the terms and conditions of the rental agreement, safe driving of a rental car relieves the customer of damages arising from loss of the car or any damage to

Agreement to provide aid and extend trade and tariff preferences to 62 African, Caribbean, and Pacific (CAP) states by the European community, now the European Union. In 1975 the capital of Togo,