Reserve estimates definition

Reserve estimates means provisions for insurer obligations for future payments of loss or loss adjustment expenses.
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Reserve estimates means provisions for insurer obligations for future payments of loss and/or loss adjustment expenses.
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Examples of Reserve estimates in a sentence

  • Reserve estimates depend in large part upon the reliability of available geologic and engineering data which is inherently imprecise.

  • This announcement contains references to exploration results, Mineral Resource estimates, Ore Reserve estimates, production targets and forecast financial information derived from the production targets, all of which have been cross-referenced to previous market announcements by the Companies.

  • In the case of Mineral Resource estimates, Ore Reserve estimates, production targets and forecast financial information derived from the production targets, all material assumptions and technical parameters underpinning the estimates, production targets and forecast financial information derived from the production targets contained in the relevant market announcement continue to apply and have not materially changed.

  • Reserve estimates obtained by this method are generally considered to have a relatively high degree of accuracy with the degree of accuracy increasing as production history accumulates.

  • Reserve estimates which presently appear to be correct may be found to contain substantial errors as time passes and new information is obtained about well and reservoir performance.

  • Reserve estimates filed on Form EIA-23 are based upon the same underlying technical and economic assumptions as the estimates of the Company's reserves included herein.

  • Reserve estimates obtained by this method are generally considered to have a relatively low degree of accuracy.

  • Reserve estimates assume a US$65/tonne coking coal price (free on board) at Roberts Bank terminal and include 2.5 million tonnes of thermal ▇▇▇▇ ▇sed for plant operations.

  • The information in this Ore Reserve statement that relates to Ore Reserve estimates is based on information compiled by ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, who is a Member of The Australasian Institute of Mining and Metallurgy.

  • Reserve estimates do not include any value for probable or possible reserves that may exist, nor do they include any value for undeveloped acreage.

Related to Reserve estimates

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • Estimate means to be based on technical evaluation of the sources contributing to the discharge including, but not limited to, pump capabilities, water meters, and batch discharge volumes.