MLchartDataset catalogue

Reporting lag

Term · Insurance and risk management · MLC-T-INS-002893

The period of time between the occurrence of an insured event and the date it is reported to the insurer. This delay can vary significantly depending on the type of claim and the policyholder's awareness of the loss. Actuaries account for reporting lag when estimating incurred but not reported (IBNR) reserves.

Table 1. Record
IdentifierMLC-T-INS-002893
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002893",
  "term": "Reporting lag",
  "field": "Insurance and risk management",
  "definition": "The period of time between the occurrence of an insured event and the date it is reported to the insurer. This delay can vary significantly depending on the type of claim and the policyholder's awareness of the loss. Actuaries account for reporting lag when estimating incurred but not reported (IBNR) reserves.",
  "url": "https://mlchart.com/terminology/insurance/reporting-lag/"
}

Record 2,908 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.