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

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Bulletin 23<br />

Page 35<br />

Accident Year<br />

Paid Alloc<strong>at</strong>ed Expense<br />

Ending Mar. 15 Months 27 Months 39 Months 51 Months 63 Months 75 Months 87 Months 99 Months 111 Months 123 Months<br />

1998 1,580,098 1,976,318 2,168,800 2,295,355 2,349,277 2,364,534 2,369,115 2,382,868 2,383,297 2,383,297<br />

1999 1,381,435 1,727,758 1,964,951 2,087,899 2,149,009 2,185,045 2,194,658 2,195,347 2,197,647 2,197,647<br />

2000 1,028,061 1,437,161 1,684,479 1,811,636 1,857,618 1,872,342 1,877,654 1,926,252 1,926,252 1,928,052<br />

2001 927,349 1,242,097 1,397,217 1,451,109 1,493,877 1,511,981 1,516,191 1,515,929 1,515,929 1,515,929<br />

2002 829,681 1,082,300 1,224,059 1,293,186 1,315,056 1,329,357 1,335,917 1,337,868 1,338,065<br />

2003 696,406 898,164 1,005,316 1,046,392 1,070,876 1,069,783 1,076,556 1,076,581<br />

2004 592,098 792,285 889,992 930,948 952,580 963,522 964,537<br />

2005 508,487 706,365 975,425 1,012,855 1,034,798 1,048,912<br />

2006 557,742 689,265 736,903 761,897 778,123<br />

2007 547,462 657,440 721,618 745,306<br />

2008 419,895 566,761 645,488<br />

2009 283,056 410,458<br />

2010 323,953<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 1.236 1.381 1.046 1.023 1.011 1.003 1.026 1.001 1.000<br />

2nd Prior 1.201 1.069 1.038 1.023 0.999 1.005 1.000 1.000 1.000<br />

1st Prior 1.350 1.098 1.034 1.022 1.011 1.006 1.001 1.000 1.001<br />

L<strong>at</strong>est 1.450 1.139 1.033 1.021 1.014 1.001 1.000 1.000 1.000<br />

Average 1.309 1.172 1.038 1.022 1.009 1.004 1.007 1.000 1.000<br />

Loss Development Factors 15 to 123 months = 1.660<br />

27 to 123 months = 1.268<br />

39 to 123 months = 1.082<br />

51 to 123 months = 1.043<br />

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

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

PROPERTY DAMAGE<br />

**Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, <strong>Delaware</strong>, D.C., Georgia, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine,<br />

Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island,<br />

South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

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