Revenue Procedure 2019-06 specifies the Internal Revenue Service’s (IRS) unpaid loss discount factors for the 2018 accident year. These factors should be used when computing your insurance organization’s unpaid loss and salvage discount for each property and casualty line of your business.
Download our complimentary template to help your insurance organization compute its unpaid loss and salvage discount. This template includes:
- 2018 loss discount factors
- 2018 discount calculations
- Schedule P Part 1 inputs
For more information on unpaid loss and salvage discount factors, or to learn how Baker Tilly’s insurance industry specialists can assist your organization, contact our team.