Why must I enter paid losses for a reserve analysis when the "Incurred" method is selected?

A RISK66 Reserve Analysis estimates Required Reserves as of the evaluation date by subtracting current Paid Losses from the Selected Estimated Ultimate Losses.  While you may choose the Incurred Method to select Estimated Ultimate Losses, current Paid Losses must be input on the Loss Data Input page in order to be subtracted on the Required Reserves Calculation page.

The Estimated Required Reserves are essentially the "unpaid losses" as of the evaluation date.  If current Paid Losses are not input, RISK66 will assume Estimated Required Reserves are equal to Estimated Ultimate Losses.