en

LAE

1 abbreviation

Terminological databases

EKI terminibaas Esterm

ID 709575 Last modified 16.04.2024
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Domain Insurance
  • the cost of investigating and adjusting losses
  • an expense associated with investigating and settling an insurance claim
kahjukäsitluskulu
Usage examples
  • Kahjukäsitluskulud on otseselt konkreetsete kahjudega seonduvad kulud ja kaudselt kahjukäsitlusega seotud administratiivkulud ning kindlustusandja vastavad kulud, sealhulgas töötajate palgad, sotsiaalmaksude kulud jms.
loss adjustment expense
Usage examples
  • The information to be shared includes: (a) amounts claimed; (b) the amounts reserved; (c) amounts of loss adjustment expenses ; (d) claims personnel with decision-making authority; (e) expert reports; (f) policy wording and other relevant documents; (g) explanation of the reinsured's coverage position and assessment of exposure; (h) claims handling activities and decisions;
  • There are two types of loss adjustment expenses—allocated and unallocated.
LAE abbreviation

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