Accountancy, asked by RkRohitSingh, 1 year ago

what is the reserve for unexpried risk ?

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Answered by yash8795
1
Unexpired Risk Reserve is the present value of loss and expense payments to be provided for by premiums covering the period from the valuation date to expiry on all contracts in force on the valuation date. A loss reserve is a provision for an insurer's liability for claims.
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