Claim Expense

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1 Types

October 5, 2023 5 min read Definitions

Claim Expense: Understanding Costs Beyond the Actual Claim

Finance Insurance Risk Management Insurance Claim Expense General Insurance Underwriting Cost Management

Learn about claim expense in general insurance terms, which includes costs beyond the actual claim, such as administrative fees and legal costs associated with paying a claim.

October 4, 2023 4 min read Definitions

Understanding Unallocated Claim or Loss Expense in General Insurance

Insurance Financial Management Business Operations Insurance Claim Expense Loss Expense Unallocated Costs Insurance Operations

Explore the concept of Unallocated Claim or Loss Expense in general insurance, examining the expenses incurred by insurers that are not specific to a single claim, like operating costs.