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'''" |
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'''Source''' | '''Source''' | ||
Society of Actuaries (2022) Probable Maximum Loss. | Society of Actuaries (2022) Probable Maximum Loss. | ||
Available at: https://actuarialtoolkit.soa.org/tool/glossary/probable-maximum-loss-pml | |||
Back to '''[[Definitions]]''' | Back to '''[[Definitions| <span style="color: var(--myriad-blue)">Definitions</span>]]''' | ||
Latest revision as of 11:15, 23 January 2025
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