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valuation date

The valuation date is the cutoff date for adjustments made to paid claims and reserve estimates in a loss report.

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valuation date

The valuation date is the cutoff date for adjustments made to paid claims and reserve estimates in a loss report.

Additional Information


For example, a workers compensation loss report for the 20x3 policy year that has a 20x5 valuation date includes all claim payments and changes in loss reserves made prior to the 20x5 valuation date.

Synonyms

evaluation date