[[Actuarial Notes Wiki|Wiki]] / [[Exam 5 (CAS)]] / **Gross Losses** ## Definition ==Gross Losses== are total losses before any reinsurance recoveries or other reductions, representing the full claim cost before cessions. ## Formula ``` Gross = Net + Ceded Net = Gross - Ceded ``` ## Related Concepts - [[Net Losses#Definition]] - [[Ceded Losses#Definition]] ## References - Friedland, Chapter 9