Expected claims definition

Expected claims means the most accurate actuarial esti- mate of aggregate claims during a benefit period.

Expected claims means the amount of claims that, in the absence of stop-loss insurance or other insurance, are projected to be incurred by an insured group through its health plan.

Expected claims means the amount of claims that, in the absence of a stop loss policy or other insurance or evidence of coverage, are projected to be incurred by an employer-sponsored plan covering health care expenses.

Examples of Expected claims in a sentence

• Expected claims have never been used in the calculation of insurance in the CSNA and our hesitation remains.

• Expected claims are based on actuarial estimates; actual claims may differ from those estimates.

• Expected claims for return of premiumsThe provisions for unearned premiums have been calculated as a premium paid by the policyholders, but which Alpha In- surance A/S (now in bankruptcy) had not yet earned because of the bankruptcy which is why the amount is expected to be offset by claims for the return of premiums raised by policy- holders.

• Expected claims are estimated using an assumed default and capital growth (house price) rate and are discounted by Commonwealth Treasury Bond rates with a comparative duration.

• IBNR provisions are initially estimated at a gross level and a separate calculation is carried out to estimate the size of reinsurance recoveries.The assumptions which have the greatest effect on the measurement of non-life insurance liabilities are as follows: Expected claims ratioThe expected claims ratio represents the ratio of expected claims incurred to premiums earned.

More Definitions of Expected claims

Expected claims means the amount of claims that, in the absence of medical stop–loss insurance, are projected to be incurred by the insured using reasonable and accepted actuarial principles.

Expected claims means the amount of claims that, in the absence of

Expected claims means the amount of claims that, in the absence of aggregate stop-loss insurance, are projected to be incurred by a small employer health plan using reasonable and accepted actuarial principles.

Expected claims means the amount of claims that, in the absence of a health care stop loss policy or other insurance, are projected to be incurred by a group health plan.

Expected claims means the amount of claims that, in the absence of a policy for stop- loss insurance or other insurance, are projected to be incurred by an insured group through its group health plan and that would be eligible for reimbursement under a policy for stop-loss insurance.

Expected claims. ’ means the amount of covered claims under the plan that is projected to be incurred by a policyholder under the plan.

Expected claims means the amount of claims that, in the absence of an employee benefit aggregate excess insurance policy or other insurance, is projected to be incurred by an insured group through its health plan using reasonable and accepted actuarial principles.