Skip to Content

incurred but not reported IBNR

Incurred but not reported estimates the liability for claim-generating events that have taken place but have not yet been reported to the insurer or self-insurer.

On This Page

incurred but not reported IBNR

Incurred but not reported estimates the liability for claim-generating events that have taken place but have not yet been reported to the insurer or self-insurer.

Additional Information


The sum of IBNR losses plus incurred losses provides an estimate of the total eventual liabilities for losses during a given period.

Synonyms

Unreported Claims