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 Ct 6 Form 2012

2012-2025 Form

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now let's spend some time in terms of understanding this runoff triangles which are also called as delayed triangles and they have a a very decent usage or very heavy usage in The General Insurance kind of a word especially where there is a possibility that after a loss has UR occurred right a loss has occurred and it has been reported by the time the full extent of the claim gets settled there is a delay right probably I might have reported a loss in this year because the real incident has happened let's say in 2012 2010 now now it might so happen but for some of the claims that this claim would get settled in 2013 or probably something that has occurred in 2012 it might get settled in 2014 so wherever uh there is some time after a loss until the full extent of the claims are paid right so what is the total claim in some cases the claim may not get paid it will take 2 hours to do the two years to do the investigation process but at the end of it it might not even have

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