MLchartDataset catalogue

Loss triangle

Term · Insurance and risk management · MLC-T-INS-003684

A triangular array of data used by actuaries to project ultimate claim costs for a block of insurance policies. It displays incurred or paid losses for a specific accident year or underwriting year, developed over successive evaluation periods. Each row represents an accident year, and columns show development periods, typically in quarters or years.

Table 1. Record
IdentifierMLC-T-INS-003684
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003684",
  "term": "Loss triangle",
  "field": "Insurance and risk management",
  "definition": "A triangular array of data used by actuaries to project ultimate claim costs for a block of insurance policies. It displays incurred or paid losses for a specific accident year or underwriting year, developed over successive evaluation periods. Each row represents an accident year, and columns show development periods, typically in quarters or years.",
  "url": "https://mlchart.com/terminology/insurance/loss-triangle/"
}

Record 2,029 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.