Which of the following arises in policies in which the insured event occurs during a coverage period but a claim is not filed or reported until many years later?

Question

Quizplus · Accepted Answer

Long-tail losses refer to claims that are not reported until years after the insured event occurs, such as mesothelioma claims from asbestos exposure. This can result in uncertainty for insurers and make it difficult to accurately predict future losses.

Which of the Following Arises in Policies in Which the Insured