Case Incurred Loss definition

Case Incurred Loss means indemnity case reserves plus payments to date.
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Case Incurred Loss means indemnity case reserves plus claim payments made to date. Estimates of IBNR should not be included.
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Case Incurred Loss means indemnity case reserves and payments to date. Estimates of IBNR should not be included.
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Examples of Case Incurred Loss in a sentence

  • For the purpose of this Contract, Case Incurred Loss Cost means the paid and outstanding indemnity, defense and allocated loss adjustment expenses recovered or recoverable hereunder on losses applicable to this Contract.

  • Twelve (12) months after the expiry of this Contract and annually thereafter until all losses are finally settled or commuted, the premium hereunder shall be adjusted at a rate equivalent to 107.5% of the Case Incurred Loss Cost plus a minimum rate of 10.5% applied to the Subject Gross Net Written Premium Income.

  • Twelve months after the expiry of this Contract and annually thereafter until all losses are finally settled or commuted, the premium hereunder shall be adjusted at a rate equivalent to 107.5% of the Case Incurred Loss Cost plus a minimum rate of 11.0% applied to the Subject Gross Net Written Premium Income.

  • For the purpose of this Contract, Case Incurred Loss Cost means the Reassured's paid and outstanding indemnity, defense and allocated loss adjustment expenses recovered or recoverable hereunder on losses applicable to this Contract.

  • Twelve (12) months after the expiry of this Contract and annually thereafter until all losses are finally settled or commuted, the premium hereunder shall be adjusted at a rate equivalent to 107.5% of the Case Incurred Loss Cost plus a minimum rate of 9.5% applied to the Reassured's Subject Gross Net Written Premium Income.

  • Twenty-four months after the expiry of this Contract and annually thereafter until all losses are finally settled or commuted, the premium hereunder shall be adjusted at a rate equivalent to 107.5% of the Case Incurred Loss Cost plus a minimum rate of 10% applied to the Subject Gross Net Written Premium Income.

  • The position may be filled only 28 for the duration of the leave, and the employee so assigned must be reassigned upon 29 completion of the leave.