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What’s the difference between a “claims made and notified” and a “losses occurring” policy?

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What’s the difference between a “claims made and notified” and a “losses occurring” policy?

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A. A “claims made and notified” policy means that the policy covers the insured for claims made against it and notified to QBE during the period of insurance. A “losses occurring” policy means that the injury or damage caused by the occurrence must happen during the period of insurance.

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