# About Run-Off Triangle

**URL:** <https://community.goactuary.com/t/about-run-off-triangle/7681>\
**Category:** Property/Casualty\
**Created:** [March 30, 2023, 5:01pm UTC](https://community.goactuary.com/t/about-run-off-triangle/7681 "2023-03-30T17:01:17Z")\
**Posts on this page:** 4\
**Page:** 3

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**Author:** ![Maphistos\_Sidekick](https://community.goactuary.com/user_avatar/community.goactuary.com/maphistos_sidekick/32/84973_2.png) [@Maphistos\_Sidekick](https://community.goactuary.com/u/Maphistos_Sidekick)\
**Post date:** [April 12, 2023, 7:41pm UTC](https://community.goactuary.com/t/about-run-off-triangle/7681/42 "2023-04-12T19:41:43Z")

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> [@SpaceLobster](#):
>
> How does that even happen?

It was a Jones Act claim. A then-18-year-old was working on a ship, had an accident, and was permanently disabled. Despite the injury, they survived into their 70’s.

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**Author:** ![The\_Polymath](https://community.goactuary.com/user_avatar/community.goactuary.com/the_polymath/32/83081_2.png) [@The\_Polymath](https://community.goactuary.com/u/The_Polymath)\
**Post date:** [April 12, 2023, 7:42pm UTC](https://community.goactuary.com/t/about-run-off-triangle/7681/43 "2023-04-12T19:42:59Z")

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I assume they got an annuity?

We call them PPOs over here (Periodic Payment Orders) and the discount rate is regulated (Ogden rate).

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**Author:** ![tommie.frazier](https://community.goactuary.com/letter_avatar_proxy/v4/letter/t/b5a626/32.png) [@tommie.frazier](https://community.goactuary.com/u/tommie.frazier)\
**Post date:** [April 12, 2023, 7:49pm UTC](https://community.goactuary.com/t/about-run-off-triangle/7681/44 "2023-04-12T19:49:21Z")

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that could cover lost wages (which have a fair amount of predictability) but medical expenses might be a little less predictable on a schedule. i’m just guessing. claim won’t close in full until…person dies.

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**Author:** ![Maphistos\_Sidekick](https://community.goactuary.com/user_avatar/community.goactuary.com/maphistos_sidekick/32/84973_2.png) [@Maphistos\_Sidekick](https://community.goactuary.com/u/Maphistos_Sidekick)\
**Post date:** [April 12, 2023, 7:52pm UTC](https://community.goactuary.com/t/about-run-off-triangle/7681/45 "2023-04-12T19:52:21Z")

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Exactly.

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