Filing at a Glance General Information - Delaware Insurance ...
Filing at a Glance General Information - Delaware Insurance ...
Filing at a Glance General Information - Delaware Insurance ...
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Bulletin 23<br />
Page 24<br />
Accident<br />
Paid Loss*<br />
Year Ending Mar. 15 Months 27 Months 39 Months 51 Months 63 Months 75 Months 87 Months 99 Months 111 Months 123 Months<br />
1998 19,092,559 21,651,422 21,361,768 21,190,557 21,151,277 21,319,578 21,329,983 21,326,270 21,326,395 21,331,727<br />
1999 18,786,745 21,236,212 20,821,964 20,519,239 20,452,520 20,411,431 20,394,349 20,403,403 20,406,522 20,406,522<br />
2000 17,196,848 19,538,660 18,896,766 18,521,885 18,362,137 18,328,118 18,342,338 18,333,529 18,336,548 18,336,335<br />
2001 12,303,852 13,454,499 12,924,068 12,652,447 12,592,325 12,550,234 12,560,317 12,560,317 12,560,004 12,560,091<br />
2002 10,287,323 11,151,007 10,566,971 10,290,111 10,196,683 10,178,657 10,178,384 10,180,449 10,184,040<br />
2003 6,646,196 7,266,192 7,156,874 7,041,460 6,990,579 7,007,739 7,007,264 7,003,664<br />
2004 5,749,921 6,088,010 5,839,293 5,737,512 5,706,949 5,703,978 5,700,189<br />
2005 4,623,117 5,014,098 4,793,684 4,660,034 4,629,748 4,629,979<br />
2006 3,697,968 3,975,587 3,813,048 3,679,670 3,650,011<br />
2007 3,024,997 3,455,352 3,309,519 3,274,782<br />
2008 2,856,803 2,895,942 2,783,255<br />
2009 3,479,467 3,562,014<br />
2010 3,765,773<br />
LOSS DEVELOPMENT FACTORS<br />
Development 15 to 27 27 to 39 39 to 51 51 to 63 63 to 75 75 to 87 87 to 99 99 to 111 111 to 123<br />
3rd Prior 1.075 0.956 0.983 0.993 0.998 1.001 1.000 1.000 1.000<br />
2nd Prior 1.142 0.959 0.972 0.995 1.002 1.000 1.000 1.000 1.000<br />
1st Prior 1.014 0.958 0.965 0.994 0.999 1.000 1.000 1.000 1.000<br />
L<strong>at</strong>est 1.024 0.961 0.990 0.992 1.000 0.999 0.999 1.000 1.000<br />
Average 1.064 0.959 0.977 0.993 1.000 1.000 1.000 1.000 1.000<br />
*Excludes Paid Alloc<strong>at</strong>ed Expense<br />
Loss Development Factors 15 to 123 months = 0.990<br />
27 to 123 months = 0.930<br />
39 to 123 months = 0.971<br />
51 to 123 months = 0.993<br />
Countrywide - Tort St<strong>at</strong>es** Indemnity<br />
Calcul<strong>at</strong>ion of Loss Development Factors<br />
PERSONAL INJURY PROTECTION