Review an insurance loss run report for common claim-history fields before sending the submission to an underwriter.
A loss run report is an insurance claims-history document. It generally summarizes claims associated with a policyholder over a specified period and is commonly requested during commercial insurance underwriting and renewal workflows.
The exact format varies by carrier. Common information includes the policy period, claim number, date of loss, claim status, description, paid amount, reserve amount, and total incurred amount.
Missing pages, unclear claim status, incomplete valuation fields, or inconsistent policy periods can create additional underwriting questions. A simple completeness review can help identify known gaps before the file is sent.
Paid generally refers to amounts already paid on a claim. Reserve refers to an amount set aside for expected future claim costs. Total incurred commonly reflects paid plus outstanding reserves, although reporting conventions can vary.
There is no universal requirement. The requested period varies by insurer, line of business, account, and market. Always follow the carrier's current underwriting request.
No single document determines the outcome. Loss history may be one input among many in an underwriting process. This tool does not evaluate eligibility or predict an underwriting decision.
No. It only helps review the information you have. Official loss runs and carrier-specific documentation requirements remain controlling.