When new claim information emerges, damage trends shift, or initial assessments prove inaccurate, logistics providers and insurers adjust their loss reserves accordingly.
Source: https://www.investopedia.com/terms/l/loss-reserve.asp
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.