Probable Maximum Loss: Difference between revisions
Myriad-admin (talk | contribs) No edit summary |
Myriad-admin (talk | contribs) m Text replacement - "#374CFF" to "var(--myriad-blue)" |
||
| (One intermediate revision by the same user not shown) | |||
| Line 9: | Line 9: | ||
Available at: https://actuarialtoolkit.soa.org/tool/glossary/probable-maximum-loss-pml | 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