Loss trending definition

Loss trending means any procedure for projecting developed losses to the average date of loss for the period during which the policies are to be effective.
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Loss trending means any procedure for projecting developed losses to the
Sample 1Sample 2Sample 3
Loss trending means a procedure for projecting developed losses to the average date of loss for
Sample 1Sample 2Sample 3

Examples of Loss trending in a sentence

  • Notwithstanding anything to the contrary above, the Company and the Pre-IPO Shareholder agree that, absent a change in law or a contrary Determination, no tax withholding is required (and no tax withholding shall be applied) with respect to any ITR Payment (excluding any interest payable pursuant to Section Section 5.1 made to the Pre-IPO Shareholder under this Agreement).

  • Loss trending is the process by which loss pure premiums developed from the latest experience period are trended forward to the average accident date in policy year 2005.For loss trending purposes, coverages may be grouped together or considered separately.

  • Loss trending and benchmarking, and recommendations for safety and loss control services that respond to identified trends;C.


More Definitions of Loss trending

Loss trending means any procedure for projecting developed losses to the average date of loss for the period during which the policies are to be effective, including loss ratio trending.
Sample 1Sample 2Sample 3
Loss trending means any procedure for projecting developed losses
Sample 1

Related to Loss trending

  • Downtime means the Total Minutes in the Month during which the Cloud Service (or Servers for Server Provisioning) does not respond to a request from SAP’s Point of Demarcation for the data center providing the Cloud Service (or Server for Server Provisioning), excluding Excluded Downtime.

  • Outage has the meaning set forth in the CAISO Tariff.

  • Loss Ratio means the ratio (expressed as a percentage) of the total amount of losses on claims associated with insurance policies incurred during a specified period to premiums earned during such period. The loss ratio is a key measure of underwriting profitability and the quality of the insurance portfolio and is used for comparisons to industry benchmarks and internal targets.

  • Unplanned Service Interruption means any Service Interruption where events or circumstances prevent the timely communication of prior warning or notice to the Trader or any affected Customer;

  • Upset means an exceptional incident in which there is unintentional and temporary noncompliance with technology based permit effluent limitations because of factors beyond the reasonable control of the permittee. An upset does not include noncompliance to the extent caused by operational error, improperly designed treatment facilities, inadequate treatment facilities, lack of preventive maintenance, or careless or improper operation.