KTRS Loss Run.pdf

This is a loss run document for the Kentucky Teachers' Retirement System (KTRS), a state pension fund, detailing claims history related to fiduciary liability insurance coverage. The document provides a comprehensive record of losses, claims, and incidents that have been filed against KTRS during the specified coverage period, which serves as the basis for evaluating fiduciary liability insurance needs and premium calculations for the state procurement opportunity. The loss run includes detailed information on claim descriptions, dates of loss, amounts claimed, and resolution status, enabling potential insurers to assess risk exposure and underwriting requirements for KTRS's fiduciary liability insurance program.

The loss run data is critical for establishing baseline risk metrics and claims patterns that will inform the competitive bidding process for fiduciary liability insurance coverage. Prospective bidders will use this historical claims information to determine appropriate coverage limits, deductibles, and premium structures for protecting KTRS against fiduciary liability exposures arising from its administration of retirement benefits and fund management responsibilities. The document establishes the current environment and claims history necessary for underwriters to evaluate the organization's risk profile and develop competitive insurance proposals that adequately protect the state retirement system.