[[Actuarial Notes Wiki|Wiki]] / [[Exam 5 (CAS)]] / **Indicated Unpaid Losses** ## Definition ==Indicated Unpaid Losses== is the reserve amount suggested by actuarial analysis before any adjustments for management judgment or other considerations. ## Calculation ``` Indicated Unpaid = Ultimate - Paid to Date Or: Indicated Unpaid = Ultimate - (Paid + Case Reserves) = IBNR Total Indicated = Case + IBNR ``` ## Related Concepts - [[IBNR Reserves#Definition]] - [[Ultimate Loss#Definition]] - [[Reserve Adequacy#Definition]] ## References - Friedland, Chapter 1