Viewing Incident-Linked Amounts
The Total Amounts section of the incident properties automatically calculates the sum of all incident-linked financial elements (losses, gains, recoveries and provisions).
If an element is Estimated, it is not included in the losses total.
Amounts appear in the central currency and in the local currency.
For more details on currency, see Managing Multiple Currencies.
The following fields give valuated indications on incidents:
• Gross Loss
Sum of losses related to the incident (including estimated losses).- Gains
• Gross actual loss
Gross Actual Loss = Sum of losses related to the incident without estimated losses .- Gains.
• Recoveries
Sum of insurance and non-insurance recoveries
• Net Loss
Net Loss = Gross Loss - Recoveries
• Net Actual Loss
Net Actual Loss = Gross Actual Loss - Recoveries