Claim Large Incurred Loss and Expense

Report Name: Claim Large Loss

.RDL File Name: Claims_LargeIncurredLossExpense.rdl

Functional Area: Claims

Contents: This report provides claims financial information about loss paid and expense incurred losses over a specified threshold amount for Large Losses. Listed on the report is the following information:

• Claim Number

• Loss Date

• Claim Status: "O" (Open), "C" (Closed)

• Loss Type

• Cat (Catastrophe) Code

• Loss Reserve

• Loss Paid

• Expense Reserve (DCC / ALAE + AO / ALAE)

• Expense Paid (DCC / ALAE + AO / ALAE)

• Subro / Salvage Amount

• Incurred Loss / Expense

The report sorts and sub-totals by company / state / line of business with a grand total for all at the bottom.

Who Uses Report: Claims Management uses this report to monitor and also to report large losses that may qualify for reinsurance reimbursement.

When to Run Report: Monthly; preferably after End of Month Processing has run.

Input Parameters:

• Month (MM)

• Year (YYYY)

• Aggregate Amount (Whole dollar amount): If zero (0) is entered, all claims are returned.

• Company (With an option for "All")

• State (With an option for "All")

• Line of Business (With an option for "All")