07.01.2013 Views

Filing at a Glance General Information - Delaware Insurance ...

Filing at a Glance General Information - Delaware Insurance ...

Filing at a Glance General Information - Delaware Insurance ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Bulletin 23<br />

Page 26<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 315,833,560 309,498,221 308,475,163 307,597,199 307,518,038 307,720,414 307,725,033 307,708,058 307,696,085 307,690,084<br />

1999 336,858,939 328,751,856 327,307,896 326,973,981 327,054,629 327,006,893 327,004,984 327,004,745 327,003,195 326,996,184<br />

2000 367,648,692 360,002,083 359,044,203 358,834,617 358,697,566 358,683,113 358,678,789 358,673,043 358,660,350 358,654,423<br />

2001 294,272,803 288,478,925 287,725,518 287,569,432 287,506,648 287,471,124 287,477,046 287,494,365 287,493,423 287,496,335<br />

2002 237,374,092 233,282,485 232,882,174 232,896,792 232,851,896 232,831,308 232,829,383 232,824,798 232,812,085<br />

2003 189,392,183 185,934,350 185,700,466 185,615,009 185,568,813 185,535,222 185,519,619 185,510,347<br />

2004 160,077,514 157,157,985 156,756,979 156,712,371 156,670,349 156,671,277 156,650,095<br />

2005 140,457,383 138,181,458 138,079,454 138,043,906 137,994,410 137,972,028<br />

2006 118,297,943 116,255,315 116,179,891 116,172,727 116,137,840<br />

2007 102,410,080 101,146,871 101,046,768 101,058,863<br />

2008 85,472,331 83,514,859 83,380,651<br />

2009 70,572,529 69,407,246<br />

2010 60,284,670<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 0.983 0.999 1.000 1.000 1.000 1.000 1.000 1.000 1.000<br />

2nd Prior 0.988 0.999 1.000 1.000 1.000 1.000 1.000 1.000 1.000<br />

1st Prior 0.977 0.999 1.000 1.000 1.000 1.000 1.000 1.000 1.000<br />

L<strong>at</strong>est 0.983 0.998 1.000 1.000 1.000 1.000 1.000 1.000 1.000<br />

Average 0.983 0.999 1.000 1.000 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 = 0.981<br />

27 to 123 months = 0.998<br />

39 to 123 months = 0.999<br />

51 to 123 months = 1.000<br />

Countrywide - Tort St<strong>at</strong>es** Indemnity<br />

Calcul<strong>at</strong>ion of Loss Development Factors<br />

COLLISION

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!