View a map showing the boundaries of the Walterboro Historic District. View the complete text of the nomination form for this National Register Property. View the complete text of the nomination form for the boundary increase of this National Register Property.
Loss Triangle as described by HB Actuarial Services, Inc. Complex Calculations Made Easy to Understand. A loss triangle is the primary method in which actuaries organize claim data that will be used in an actuarial analysis. The reason it is called a loss triangle is that a typical submission of claim data from a client company shows numeric values forming a triangle when viewed. The easiest loss triangle to explain is the accident year paid loss triangle. This loss triangle totals paid loss data in each of two categories. The first is accident year. Simply put, all paid losses from all claims occurring in the accident year are totaled.
What Does Net Loss Mean? Net loss appears at the bottom of the income statement or profit and loss statement after all of the cost of goods sold and operating expenses have been subtracted out. This is why many people call net loss the âbottom line.â Example. Net loss is also a good example of the matching principle.