What can a loss run report indicate about an insured's history?

A loss run report is a critical tool used in the insurance industry to assess an insured's claims history. It provides detailed information about past insurance claims, including how many claims have been filed, the dollar amount associated with each claim, and the dates of these claims. This data highlights the frequency, which indicates how often claims have occurred, and the severity, which shows the financial impact of these claims on the insurer.

Understanding the frequency and severity of previous claims is essential for insurers when evaluating risk and determining premium rates for the insured. A higher frequency of claims can lead to higher premiums, while severe claims resulting in significant payouts can also influence an insurer's decision-making process regarding coverage.

The other choices do not relate to the information typically contained within a loss run report. Investment quality, the number of policies, and the ages of individuals insured are not typically derived from this report, making them less relevant in the context of assessing an insured's history through claims data. Thus, recognizing the insights provided by a loss run report regarding claims history is crucial for both insurers and insureds alike.