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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Society of Actuaries (2022) Probable Maximum Loss. Available at: https://actuarialtoolkit.soa.org/tool/glossary/probable-maximum-loss-pml | 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]]''' | ||
Latest revision as of 11:51, 26 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