Closing an Underwriting Year
With members voting on closings and distribution schedules, it’s helpful to understand some of the captive “techno-jargon” thrown around at these meetings. For example, do you know what Incurred but Not Reported (INBR) losses are? In this informative paper we’ve translated that jargon into a language all can understand. But that’s not all. You’ll also learn about what’s involved in closing an underwriting year, captive closing costs, and more.