Derived transactional amounts
The following illustrations show how the Total Net Incurred transactional amount is
calculated:
The dataset has the following loss and expense paid amounts:
- Total Gross Loss Amount
-
indemnity_paid_amount + medical_paid_amount - Total Loss Recovery Amount
-
indemnity_recovery_amount + deductible_recovery_amount + salvage_recovery_amount + subrogation_recovery_amount - Total Net Loss Paid Amount
-
total_gross_loss_amount - total_loss_recovery_amount - Total Gross Expense Paid Amount
-
alae_paid_amount + ulae_paid_amount - Total Expense Recovery Amount
-
salvage_expense_recovery_amount + subrogation_expense_recovery_amount + expense_recovery_amount - Total Net Expense Paid Amount
-
total_gross_expense_paid_amount - total_expense_recovery_amount
The dataset has the following loss and expense recovery reserve change amounts:
- Total Gross Loss Reserve Change Amount
-
indemnity_reserve_change_amount + medical_reserve_change_amount - Total Loss Recovery Reserve Change Amount
-
indemnity_recovery_reserve_change_amount + deductible_recovery_reserve_change_amount + salvage_recovery_reserve_change_amount + subrogation_recovery_reserve_change_amount - Total Net Loss Reserve Change Amount
-
total_gross_loss_reserve_change_amount - total_loss_recovery_reserve_change_amount - Total Gross Expense Reserve Change Amount
-
alae_reserve_change_amount + ulae_reserve_change_amount - Total Expense Recovery Reserve Change Amount
-
salvage_expense_recovery_reserve_change_amount + subrogation_expense_recovery_reserve_change_amount + expense_recovery_reserve_change_amount - Total Net Expense Reserve Change Amount
-
total_gross_expense_reserve_change_amount - total_expense_recovery_reserve_change_amount - Total Net Loss Incurred Amount
-
total_net_loss_paid_amount + total_net_loss_reserve_change_amount - Total Net Expense Incurred Amount
-
total_net_expense_paid_amount + total_net_expense_reserve_change_amount - Total Net Incurred Amount
-
total_net_loss_incurred_amount + total_gross_expense_incurred_amount
The following illustrations show how the Total Loss Recovery Incurred, Total Expense
Recovery Incurred, and Total Gross Incurred transactional amounts are calculated:
The dataset has the following incurred amounts:
- Total Loss Recovery Incurred Amount
-
total_loss_recovery_amount + total_loss_recovery_reserve_change_amount - Total Expense Recovery Incurred Amount
-
total_expense_recovery_amount + total_expense_recovery_reserve_change_amount - Total Gross Loss Incurred Amount
-
total_gross_loss_amount + total_gross_loss_reserve_change_amount - Total Gross Expense Incurred Amount
-
total_gross_expense_paid_amount + total_gross_expense_reserve_change_amount - Total Gross Incurred Amount
-
total_gross_loss_incurred_amount + total_gross_expense_incurred_amount