Accident Year vs Calendar Year - Insurance Terminology - Actuarial 101

This video describes the difference between accident year and calendar year with the help of an example. Accident year and calendar year are common ways to organize insurance data.

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Disclaimer: Information presented in this video should not be relied upon as actuarial or accounting advice, which should be provided by a credentialed actuary or accountant familiar with the details of your organization's risk management program.