Question: 5) A loss reserve established for each individual claim when it is reported to a property and casualty insurance company is call a(n) A) admitted

5) A loss reserve established for each individual claim when it is reported to a property and casualty insurance company is call a(n) A) admitted asset. B) incurred-but-not-reported (IBNR) reserve. C) unearned premium reserve. D) case reserve

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