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 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