The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
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Claims paid are recorded as expenses for the period when the benefits are paid before the reinsurers' share. The recording of claims paid is thus made on accrual basis. In addition to benefits, claims paid also include claims handling expenses.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)