Claims Occurred - Revision history

PaulWaring at 09:43, 12 August 2025

2025-08-12T09:43:50Z

← Older revision		Revision as of 09:43, 12 August 2025
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	The vast majority of insurance policies are sold on a Claims ~~Occurrences~~ basis. This means that the claim is covered by the policy which was in force at the time of the incident which caused the claim. In most cases this will be the current or previous year's policy, however for long-tail risks (e.g. asbestosis claims under employer's liability) this could be a policy written decades ago.		The vast majority of insurance policies are sold on a Claims Occurred / Occurences basis. This means that the claim is covered by the policy which was in force at the time of the incident which caused the claim. In most cases this will be the current or previous year's policy, however for long-tail risks (e.g. asbestosis claims under employer's liability) this could be a policy written decades ago.

	The alternative mechanism is [[Claims Made]].		The alternative mechanism is [[Claims Made]].

PaulWaring: PaulWaring moved page Claims Occurrences to Claims Occurred

2025-08-12T09:43:18Z

PaulWaring moved page Claims Occurrences to Claims Occurred

← Older revision	Revision as of 09:43, 12 August 2025
(No difference)

PaulWaring: Created page with "The vast majority of insurance policies are sold on a Claims Occurrences basis. This means that the claim is covered by the policy which was in force at the time of the incident which caused the claim. In most cases this will be the current or previous year's policy, however for long-tail risks (e.g. asbestosis claims under employer's liability) this could be a policy written decades ago. The alternative mechanism is Claims Made."

2025-08-12T09:42:11Z

Created page with "The vast majority of insurance policies are sold on a Claims Occurrences basis. This means that the claim is covered by the policy which was in force at the time of the incident which caused the claim. In most cases this will be the current or previous year's policy, however for long-tail risks (e.g. asbestosis claims under employer's liability) this could be a policy written decades ago. The alternative mechanism is Claims Made."

New page

The vast majority of insurance policies are sold on a Claims Occurrences basis. This means that the claim is covered by the policy which was in force at the time of the incident which caused the claim. In most cases this will be the current or previous year's policy, however for long-tail risks (e.g. asbestosis claims under employer's liability) this could be a policy written decades ago.

The alternative mechanism is [[Claims Made]].