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PARTICIPATION BOND MANAGERS
Pagdens Incorporated
Tel:
041 502 7200
Fax:
041 585 2239
Postbox:
PO Box 132
Port Elizabeth
6000
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.
Participation Bond Managers
From The Glossary »
Loss Reserve – Incurred:
A provision for losses resulting from accidents or but not reported (IBNR) occurrences that have taken place, but on which the company has not yet received notices or reports of loss. These may also be termed claims incurred but not reported.
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