Terms Beginning With 'l'

Long-Tail Liability

Long-Tail Liability is a liability having prolonged settlement time. These types of liabilities are expected to result in excessive incurred but not reported claims, due to the requirement of a long period of time for the claims to be settled.

x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK