Probable Maximum Loss: Difference between revisions
Myriad-admin (talk | contribs) Created page with "'''Definition''' The maximum loss that an insurer would be expected to incur on a policy. '''Source''' Society of Actuaries (2022) Probable Maximum Loss. Available at: https://actuarialtoolkit.soa.org/tool/glossary/probable-maximum-loss-pml Back to '''Definitions'''" |
(No difference)
|
Revision as of 12:07, 1 July 2022
Definition
The maximum loss that an insurer would be expected to incur on a policy.
Source
Society of Actuaries (2022) Probable Maximum Loss. Available at: https://actuarialtoolkit.soa.org/tool/glossary/probable-maximum-loss-pml
Back to Definitions