This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
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In statistics, relative confidence (statistical reliability) associated with a given body of data (e.g., loss experience for an individual division) and expressed as a number between zero (0%) and 1.0 (100%) with 1.0 representing “full credibility.”

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Welcome To the Alliance!

The National Alliance for Insurance Education & Research is now the Risk & Insurance Education Alliance, or simply “The Alliance”.  For more details, please read our Press Release.