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 39<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 1,520,146 1,889,513 2,016,474 2,094,265 2,141,447 2,169,829 2,169,819 2,161,255 2,161,857 2,164,003<br />
1999 1,649,577 1,986,506 2,088,167 2,102,467 2,124,399 2,121,801 2,114,501 2,129,369 2,128,826 2,128,808<br />
2000 1,140,212 1,411,172 1,517,874 1,552,372 1,583,605 1,572,059 1,583,130 1,596,715 1,596,496 1,596,324<br />
2001 909,957 1,069,949 1,123,084 1,155,178 1,160,959 1,165,541 1,167,118 1,172,779 1,172,808 1,172,808<br />
2002 685,830 927,325 1,003,794 1,069,252 1,136,771 1,230,128 1,246,516 1,265,516 1,265,516<br />
2003 538,097 653,419 912,005 1,109,581 1,119,337 1,123,883 1,127,791 1,127,791<br />
2004 391,324 462,794 515,370 534,271 553,443 574,494 574,499<br />
2005 335,535 413,240 444,235 434,121 434,098 436,198<br />
2006 275,455 349,321 363,095 375,010 384,524<br />
2007 259,343 356,386 369,392 380,453<br />
2008 272,292 380,172 438,371<br />
2009 314,790 395,195<br />
2010 259,304<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 1.268 1.075 1.037 1.009 1.082 1.001 1.009 1.000 1.001<br />
2nd Prior 1.374 1.039 0.977 1.036 1.004 1.013 1.005 1.000 1.000<br />
1st Prior 1.396 1.036 1.033 1.000 1.038 1.003 1.015 1.000 1.000<br />
L<strong>at</strong>est 1.255 1.153 1.030 1.025 1.005 1.000 1.000 1.000 1.000<br />
Average 1.323 1.076 1.019 1.017 1.032 1.005 1.007 1.000 1.000<br />
Loss Development Factors 15 to 123 months = 1.543<br />
27 to 123 months = 1.165<br />
39 to 123 months = 1.083<br />
51 to 123 months = 1.063<br />
Countrywide - Tort St<strong>at</strong>es** Indemnity<br />
Calcul<strong>at</strong>ion of Loss Development Factors<br />
COMPREHENSIVE<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