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Unallocated claim or loss expense

By Olivia Shea |

Unallocated claim or loss expense,

Definition of Unallocated claim or loss expense:

  1. Expenses incurred by the insurer that cannot legitimately be charged to one specific claim, such as the costs of operating an insurers office.

Meaning of Unallocated claim or loss expense & Unallocated claim or loss expense Definition