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 37<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 672,182 2,288,626 4,119,141 5,235,288 5,853,894 6,409,291 6,633,207 6,703,152 6,713,295 6,717,245<br />
1999 598,284 1,955,777 3,699,843 5,286,350 6,559,197 6,929,023 7,039,732 7,094,937 7,106,896 7,113,331<br />
2000 382,038 1,620,539 2,983,363 3,799,306 4,363,183 5,083,811 5,304,959 5,430,872 5,483,362 5,503,963<br />
2001 366,930 1,248,073 2,282,003 3,014,682 3,464,835 3,645,338 3,754,929 3,843,023 3,971,444 3,984,893<br />
2002 320,173 1,035,192 1,918,986 2,693,013 3,042,393 3,248,297 3,308,425 3,337,553 3,391,078<br />
2003 251,144 978,908 1,744,961 2,308,597 2,661,131 2,846,292 2,914,292 2,960,643<br />
2004 206,585 666,075 1,185,519 1,492,662 1,646,677 1,724,928 1,734,995<br />
2005 176,229 620,893 1,054,737 1,328,913 1,546,642 1,736,555<br />
2006 158,757 487,916 983,874 1,330,110 1,489,616<br />
2007 157,271 484,507 820,959 1,156,470<br />
2008 106,890 401,646 656,980<br />
2009 147,508 415,946<br />
2010 117,997<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 3.073 1.699 1.259 1.153 1.068 1.030 1.024 1.002 1.001<br />
2nd Prior 3.081 2.016 1.260 1.103 1.070 1.019 1.023 1.010 1.001<br />
1st Prior 3.758 1.694 1.352 1.164 1.048 1.024 1.009 1.033 1.004<br />
L<strong>at</strong>est 2.820 1.636 1.409 1.120 1.123 1.006 1.016 1.016 1.003<br />
Average 3.183 1.761 1.320 1.135 1.077 1.020 1.018 1.015 1.002<br />
Loss Development Factors 15 to 123 months = 9.550<br />
27 to 123 months = 3.000<br />
39 to 123 months = 1.703<br />
51 to 123 months = 1.291<br />
Countrywide - Tort St<strong>at</strong>es** Indemnity<br />
Calcul<strong>at</strong>ion of Loss Development Factors<br />
UNINSURED / UNDERINSURED MOTORISTS<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