State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-16 > 54-16-5

54:16-5.  Losses incurred;  definition
    As used in this chapter  "losses incurred"  means gross losses incurred during the calendar year under such marine insurances written within the United  States, less reinsurance claims collected or collectible and salvages or  recoveries collectible from any source applicable to such losses.
 

State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-16 > 54-16-5

54:16-5.  Losses incurred;  definition
    As used in this chapter  "losses incurred"  means gross losses incurred during the calendar year under such marine insurances written within the United  States, less reinsurance claims collected or collectible and salvages or  recoveries collectible from any source applicable to such losses.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-16 > 54-16-5

54:16-5.  Losses incurred;  definition
    As used in this chapter  "losses incurred"  means gross losses incurred during the calendar year under such marine insurances written within the United  States, less reinsurance claims collected or collectible and salvages or  recoveries collectible from any source applicable to such losses.