MLchartDataset catalogue

Trend analysis

Term · Insurance and risk management · MLC-T-INS-003369

The process of examining historical data to identify consistent patterns or directions in workers' compensation claims, costs, or frequency. This analytical approach allows insurers and employers to project future claim activity and evaluate the impact of safety programs or policy changes. It often involves plotting data points over time to visualize upward or downward movements.

Table 1. Record
IdentifierMLC-T-INS-003369
FieldInsurance and risk management
SubjectWorkers Compensation
Record as JSON 
{
  "id": "MLC-T-INS-003369",
  "term": "Trend analysis",
  "field": "Insurance and risk management",
  "definition": "The process of examining historical data to identify consistent patterns or directions in workers' compensation claims, costs, or frequency. This analytical approach allows insurers and employers to project future claim activity and evaluate the impact of safety programs or policy changes. It often involves plotting data points over time to visualize upward or downward movements.",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/trend-analysis/"
}

Record 3,502 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.