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For the item lines "Losses" & "Loss adjustment expenses" how are we supposed to know the amounts given are actually the reserves for these 2 items? If they're given as balance sheet items is that what tells us it must be reserves that are given?
Yes, they are reserves, because they are given as Balance Sheet items.
For "Other UW expenses", what's the difference b/w 150 and 136? Thank you
The 150 is incurred expenses and the 136 is paid expenses.
Comments
Yes, they are reserves, because they are given as Balance Sheet items.
For "Other UW expenses", what's the difference b/w 150 and 136? Thank you
The 150 is incurred expenses and the 136 is paid expenses.