Hi
so when we talk about outstanding claims that are part of incurred- are these all claims that have started being paid or can they be claims even that haven’t been paid and have been reported? mom getting confused as to what this outstanding and the outstanding in ‘outstanding claim reserves for AY and RY mean? Do these mean estimates for all reported claims that haven’t started being paid while the outstanding in incurred is estimates for all reported claims that have been paid?
Last edited by a moderator: Apr 2, 2022