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The actuary increased the IBNR reserve to account for late-reported claims from last winter's storms.
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The actuary increased the IBNR reserve to account for late-reported claims from last winter's storms.
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Related words
IBNR
Noun
abbreviation
alt-of
initialism
uncountable
Japanese Meaning
（保険分野での用語）発生はしているが未だ報告されていない保険請求。事故や損害が発生しているものの、被保険者が保険会社にその事実を通知していない状況を指す。
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