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 29<br />
Accident<br />
Incurred Loss Including Alloc<strong>at</strong>ed Expense*<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 254,516,389 258,778,134 260,582,648 261,356,227 261,385,850 261,367,601 261,366,801 261,391,756 261,380,994 261,403,441<br />
1999 284,449,974 284,336,826 287,763,619 287,788,451 288,028,979 288,000,800 287,941,069 287,899,788 287,911,780 287,993,847<br />
2000 295,752,114 301,900,603 304,362,647 305,026,158 304,878,879 304,796,414 304,840,111 304,831,129 304,803,319 304,780,323<br />
2001 244,440,421 249,513,090 252,351,998 252,147,967 251,965,053 251,920,131 251,904,845 251,918,708 251,966,348 251,949,406<br />
2002 205,629,952 209,879,471 209,987,896 210,029,787 209,779,694 209,801,277 209,794,892 209,788,556 209,755,916<br />
2003 168,267,122 169,572,758 170,791,916 170,671,128 170,619,066 170,584,103 170,608,392 170,561,679<br />
2004 144,199,731 147,103,898 148,144,588 147,870,454 147,910,154 147,844,911 147,806,162<br />
2005 129,603,761 133,065,936 133,912,049 133,853,617 133,824,607 133,742,530<br />
2006 114,051,939 114,965,418 115,777,217 116,014,170 115,905,850<br />
2007 101,487,358 101,254,318 101,521,688 101,585,070<br />
2008 86,572,282 88,674,313 88,504,849<br />
2009 86,331,297 86,334,789<br />
2010 82,305,768<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 1.008 1.006 0.998 1.000 1.000 1.000 1.000 1.000 1.000<br />
2nd Prior 0.998 1.007 1.000 1.000 1.000 1.000 1.000 1.000 1.000<br />
1st Prior 1.024 1.003 1.002 1.000 1.000 1.000 1.000 1.000 1.000<br />
L<strong>at</strong>est 1.000 0.998 1.001 0.999 0.999 1.000 1.000 1.000 1.000<br />
Average 1.008 1.004 1.000 1.000 1.000 1.000 1.000 1.000 1.000<br />
*Includes Supplemental Reserves<br />
Loss Development Factors 15 to 123 months = 1.011<br />
27 to 123 months = 1.003<br />
39 to 123 months = 0.999<br />
51 to 123 months = 0.999<br />
Countrywide - Tort St<strong>at</strong>es** Indemnity<br />
Calcul<strong>at</strong>ion of Loss Development Factors<br />
PROPERTY DAMAGE