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 33<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 134,516,884 130,922,059 130,490,512 130,112,114 130,079,568 130,479,243 130,405,840 130,390,257 130,379,509 130,376,935<br />
1999 135,861,460 135,308,660 134,884,454 134,642,847 134,599,145 134,591,835 134,537,023 134,522,233 134,519,931 134,524,449<br />
2000 148,937,789 148,330,101 148,274,093 148,179,919 148,079,527 148,023,833 148,035,968 148,000,967 147,975,506 147,966,275<br />
2001 122,458,790 122,208,030 122,042,122 121,884,368 121,842,123 121,836,009 121,825,163 121,785,362 121,765,153 121,741,576<br />
2002 94,883,702 95,363,405 95,351,107 95,204,523 95,258,977 95,353,304 95,368,495 95,384,600 95,335,285<br />
2003 72,691,623 71,730,266 71,949,070 71,966,635 71,956,800 71,921,217 71,910,170 71,900,994<br />
2004 56,956,586 56,142,889 56,014,966 55,960,741 55,931,407 55,915,824 55,930,377<br />
2005 46,414,106 47,085,942 46,737,272 46,681,838 46,628,233 46,572,236<br />
2006 39,959,569 40,071,165 40,032,193 40,000,346 39,917,452<br />
2007 34,918,704 34,322,775 34,302,511 34,280,002<br />
2008 30,501,712 30,276,835 30,291,644<br />
2009 26,859,580 25,337,575<br />
2010 22,769,689<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 1.003 0.993 0.999 1.000 1.001 1.000 1.000 1.000 1.000<br />
2nd Prior 0.983 0.999 0.999 0.999 1.000 1.000 1.000 1.000 1.000<br />
1st Prior 0.993 0.999 0.999 0.999 1.000 1.000 1.000 1.000 1.000<br />
L<strong>at</strong>est 0.943 1.000 0.999 0.998 0.999 1.000 1.000 0.999 1.000<br />
Average 0.980 0.998 0.999 0.999 1.000 1.000 1.000 1.000 1.000<br />
*Includes Supplemental Reserves<br />
Loss Development Factors 15 to 123 months = 0.976<br />
27 to 123 months = 0.995<br />
39 to 123 months = 0.998<br />
51 to 123 months = 0.998<br />
Countrywide - Tort St<strong>at</strong>es** Indemnity<br />
Calcul<strong>at</strong>ion of Loss Development Factors<br />
COMPREHENSIVE