MLchartDataset catalogue

Loss run

Term · Insurance and risk management · MLC-T-INS-002091

A report generated by an insurer that details an insured's historical claims experience over a specified period, typically three to five years. It lists each claim, including the date of loss, type of loss, amount paid, and current status. Underwriters use loss runs to assess an applicant's risk profile and determine appropriate premium rates for new or renewal policies.

Table 1. Record
IdentifierMLC-T-INS-002091
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002091",
  "term": "Loss run",
  "field": "Insurance and risk management",
  "definition": "A report generated by an insurer that details an insured's historical claims experience over a specified period, typically three to five years. It lists each claim, including the date of loss, type of loss, amount paid, and current status. Underwriters use loss runs to assess an applicant's risk profile and determine appropriate premium rates for new or renewal policies.",
  "url": "https://mlchart.com/terminology/insurance/loss-run/"
}

Record 2,026 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.