A loss reserve established for each individual claim when it is reported to a property and casualty insurance company is call a(n)
A) admitted asset.
B) incurred-but-not-reported (IBNR) reserve.
C) unearned premium reserve.
D) case reserve.

Name: A loss reserve established for each individual claim when it is reported to a property and casualty insurance company is call a(n) A) admitted asset. B) incurred-but-not-reported (IBNR) reserve. C) unearned premium reserve. D) case reserve.
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Question

Quizplus · Accepted Answer

The Answer is D

A Loss Reserve Established for Each Individual Claim When It