Loss Development | Insurance Glossary

Definition of "Loss development"

Joshua Schirr

Weichert Pheasant Ridge

Difference in the amount of losses between the beginning and end of a time period.

Land that is suitable for tilling and growing of crops. ...

in life insurance, receipt by a company of an insurance application accompanied by the first premiu ...

Same as term Basic Limit of Liability: required minimum amounts of coverage that an insurance compan ...

Termination date of coverage as indicated on the insurance policy. ...

Losses incurred by a landlord because apartments or office are unoccupied and/or tenants fail to pay ...

Income paid under a disability policy that is not covered under workers compensation benefits. It is ...

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