Contents: This report is used to return financial information grouped by accident year (Date of Loss Year) and annual statement line. The report also includes the number of open and closed features per annual statement line, prior year loss reserves and incurred losses.
Listed on the report is the following information:
Accident Year
ASL
ASL Description
Open Feature Count
Closed Feature Count
Open Claim Count
Closed Claim Count
Loss Paid
Salvage / Subro
Loss Reserve
Anticipated Salvage / Subro
Prior Year Loss Reserve
Incurred Losses
Sorts By:
Company
State
Line of Business
Accident Year
Date of Loss Year
Who Uses Report: This report can be used primarily by the finance / accounting department. It can be used to review loss development to set ultimate reserves.
When to Run Report: Monthly
Input Parameters:
Company (With an option for "All")
State (With an option for "All")
Line of Business (With an option for "All")
Month: Select from the combo box