Claims reported definition

Claims reported means those claims that have been incurred on or prior to the valuation date of which the insurer has been informed, on or prior to the valuation date.

Claims reported means when an insurer has been informed that a claim has been incurred, if the date reported is on or before the valuation date, the claim is considered as a reported claim for annual statement purposes.

Claims reported means those claims that have been incurred on or prior to the valuation date of which the insurer has been informed, on or prior to the valuation date. These claims are considered as reported claims for annual statement purposes.

Examples of Claims reported in a sentence

• Claims reported during such extended reporting period are subject to the terms, conditions, limits, including limits of liability, and exclusions of the policy.

• Exception: Claims reported with Catastrophe Number 12 are excluded from experience rating calculations.

• In fact, it was Volvo that sought further discovery following Rudd’s motion for summary judgment nearly a year after the case was filed.

• Claims reported during such extended reporting period are subject to the terms, conditions, limits, including lim- its of liability, and exclusions of the policy.] I hereby certify that the wording of this instrument is identical to the wording in 40 CFR 280.97(b)(2) and that the [‘‘Insurer’’ or ‘‘Group’’] is [‘‘licensed to transact the busi- ness of insurance, or eligible to provide in- surance as an excess or surplus lines insurer, in one or more states’’].

• The liability of the Insurers for all Claims reported during an Extended Reporting Period shall be part of and not in addition to the Limits of Indemnity for the Policy Period as set forth in Items 2 and 3 of the Schedule.

• The remainder of the Limit of Liability applicable to the Policy Year in effect at the end of the Policy Period is the limit of liability for all Claims reported during the Extended Reporting Period.

• Note: Claims reported with Catastrophe Number 12 are excluded from merit rating.

• Claims reported and outstanding are provided net of claims recoverable from reinsurance based on intimations received up to the year end, survey reports, information provided by insured, past experience and other applicable laws.

• Claims reported to the Company before the expiry of the limitation period are normally time-barred at the earliest six months after the person entitled has received a separate writ- ten notice stating that time-barring will be invoked, see section 18-6 subsection 3 of the Insurance Contracts Act.

• The limit of liability of the Company for all Claims reported during any Extended Reporting Period will be part of and not in addition to the limit of liability for the Policy Period set forth in Item 4.

More Definitions of Claims reported

Claims reported means a claim that has been incurred on or prior to the valuation date and the insurer has been informed of it on or before the valuation date. This claim is considered a reported claim for annual statement purposes.

Claims reported means all claims reported regardless of whether a payment was made.

Claims reported means those claims that have been incurred and the insurer has been informed that they have been incurred. If the date reported is on or prior to the valuation date, the claim is considered as a reported claim for annual statement purposes.

Claims reported means the Claims reported as appearing in the WorkCover Database but not including notification only claims.