MLchartDataset catalogue

Accident year data

Term · Insurance and risk management · MLC-T-INS-000289

Statistical information compiled for all claims that occurred within a specific calendar year, regardless of when the policies were written or when the claims were reported. This data aggregates losses based on the date of the accident or loss event. Actuaries use accident year data to analyze loss trends and develop appropriate premium rates for future policy periods.

Table 1. Record
IdentifierMLC-T-INS-000289
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000289",
  "term": "Accident year data",
  "field": "Insurance and risk management",
  "definition": "Statistical information compiled for all claims that occurred within a specific calendar year, regardless of when the policies were written or when the claims were reported. This data aggregates losses based on the date of the accident or loss event. Actuaries use accident year data to analyze loss trends and develop appropriate premium rates for future policy periods.",
  "url": "https://mlchart.com/terminology/insurance/accident-year-data/"
}

Record 19 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.