MLchartDataset catalogue

Occurrence year

Term · Insurance and risk management · MLC-T-INS-002391

The calendar year in which an insured event, such as an accident or injury, takes place, regardless of when the claim is reported or paid. This is a key concept in actuarial analysis for liability insurance, particularly for occurrence-based policies. Actuaries use occurrence year data to develop loss triangles and project ultimate losses.

Table 1. Record
IdentifierMLC-T-INS-002391
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002391",
  "term": "Occurrence year",
  "field": "Insurance and risk management",
  "definition": "The calendar year in which an insured event, such as an accident or injury, takes place, regardless of when the claim is reported or paid. This is a key concept in actuarial analysis for liability insurance, particularly for occurrence-based policies. Actuaries use occurrence year data to develop loss triangles and project ultimate losses.",
  "url": "https://mlchart.com/terminology/insurance/occurrence-year/"
}

Record 2,379 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.