How is IBNR accounted for in Loss Forecaster?

IBNR is built into the Ultimate Loss Estimates created in Loss Forecaster. To calculate the IBNR for a particular period, you would subtract the Limited Incurred Losses in that period (as found in the Excess of Limit Data Input page) from the Selected Estimated Ultimate Losses for the same period (as found in the Selected Estimated Ultimate Incurred Losses page).

The Ultimate Loss Estimates, and thus, IBNR, flow into the Pure Loss Rates, which are then used to create the resulting Loss Projection in RISK66.