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Neil G. McDonald Ltd.
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
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Hours
Mon-Fri 9-4:30 EST

Losses Outstanding

Losses which took place but which have not yet been paid. These are usually recorded in two ways; either (1) the number of incidents of losses in the various classes of business, and (2) the amount of money involved in these classes, which would appear as a "Loss Reserve."