https://www.taxtmi.com/acts?id=55621 Claim reserves comprise outstanding claim reserves and incurred-but-not-reported claim reserves. Outstanding claim reserves cover reported claims outstanding at the accounting date, including allocated loss adjustment expenses. Incurred-but-not-reported claim reserves include reopened, unreported and in-transit claims, allocated loss adjustment expenses, and reserves for expected changes in reported-claim estimates. Unexpired risk reserves comprise unearned premium reserves and premium deficiency reserves for unexpired policy risks and expected deficiencies in meeting claims and related expenses. en-us Mon, 21 Sep 2026 16:38:03 +0530 Mon, 21 Sep 2026 17:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55621 Claim reserves comprise outstanding claim reserves and incurred-but-not-reported claim reserves. Outstanding claim reserves cover reported claims outstanding at the accounting date, including allocated loss adjustment expenses. Incurred-but-not-reported claim reserves include reopened, unreported and in-transit claims, allocated loss adjustment expenses, and reserves for expected changes in reported-claim estimates. Unexpired risk reserves comprise unearned premium reserves and premium deficiency reserves for unexpired policy risks and expected deficiencies in meeting claims and related expenses. Act-Rules Indian Laws Mon, 21 Sep 2026 16:38:03 +0530 https://www.taxtmi.com/acts?id=55621