Unallocated loss adjustment expense (ULAE)

Term · Insurance and risk management · MLC-T-INS-003397

Costs incurred by an insurer in the claims handling process that cannot be directly attributed to a specific claim. These expenses include salaries of claims department staff, office overhead, and general administrative costs. ULAE is typically estimated as a percentage of paid losses or allocated loss adjustment expenses.

Table 1. Record
Identifier	MLC-T-INS-003397
Field	Insurance and risk management
Abbreviation	ULAE

Record as JSON

{
  "id": "MLC-T-INS-003397",
  "term": "Unallocated loss adjustment expense (ULAE)",
  "field": "Insurance and risk management",
  "definition": "Costs incurred by an insurer in the claims handling process that cannot be directly attributed to a specific claim. These expenses include salaries of claims department staff, office overhead, and general administrative costs. ULAE is typically estimated as a percentage of paid losses or allocated loss adjustment expenses.",
  "abbreviation": "ULAE",
  "url": "https://mlchart.com/terminology/insurance/unallocated-loss-adjustment-expense-ulae/"
}

Record 3,492 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.