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Loss Map - SIGMA Actuarial Consulting Group, Inc.

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This blog introduces a graphic that shows the pieces that make up “Ultimate Losses.”  The ultimate losses of a policy period will typically not be known for many years.  Actuaries are hired to estimate ultimate losses to help a company use appropriate reserve amounts for planning and financial statement purposes. Here are some definitions for […]
Loss Map - SIGMA Actuarial Consulting Group, Inc.
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