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Severity of Loss

Severity of Loss is reference CR0367 in Lloyd's Coverholder Reporting Standards v5.2. It is a conditional field on claims bordereaux.

Lloyd's reference
CR0367
Status
Conditional

Applies to

ClaimsMandatory here

Claims bordereaux track incidents, reserves, payments and recoveries against the bound risks.

Mapping this field from a coverholder file?

BDXFlow maps your columns to Severity of Loss automatically, checks the format, and flags rows that would fail validation before you submit.

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Related fields

CR0001Reporting Period Start DateCR0002Reporting Period End DateCR0005Unique Market Reference (UMR)CR0006Agreement NoCR0007Section NoCR0008Binding Authority Contract Inception Date

BDXFlow is not affiliated with, endorsed by, or connected to Lloyd’s. This page lists the structure of the Coverholder Reporting Standards: reference, data type, format and report applicability, described in our own words so you can map files against it. For the official definitions and guidance, see Lloyd’s Reporting Standards. “Lloyd’s” is a registered trademark of the Society of Lloyd’s.