Workers Compensation Excess Development Appendix · PDF file2001 1.363 0.926 1.269 1.163 2002...
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Page 1 of 58 Workers Compensation Appendix Excess Development
Transcript of Workers Compensation Excess Development Appendix · PDF file2001 1.363 0.926 1.269 1.163 2002...
Page 1 of 58
Workers Compensation
Appendix
Excess Development
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Triangle Layer Pages
5% Trend Excess Loss Incurred xs 2M 3 - 4xs 3M 5 - 6xs 4M 7 - 8xs 5M 9 - 10xs 7.5M 11 - 12xs 10M 13 - 14xs 1M 15 - 15xs 700K 16 - 16
5% Trend Excess Claim Counts xs 2M 17 - 18xs 3M 19 - 20xs 4M 21 - 22xs 5M 23 - 24xs 7.5M 25 - 26xs 10M 27 - 28xs 1M 29 - 29xs 700K 30 - 30
3% Trend Excess Loss Incurred xs 2M 31 - 32xs 3M 33 - 34xs 4M 35 - 36xs 5M 37 - 38xs 7.5M 39 - 40xs 10M 41 - 42xs 1M 43 - 43xs 700K 44 - 44
3% Trend Excess Claim Counts xs 2M 45 - 46xs 3M 47 - 48xs 4M 49 - 50xs 5M 51 - 52xs 7.5M 53 - 54xs 10M 55 - 56xs 1M 57 - 57xs 700K 58 - 58
Workers Compensation Excess Development
Table of Contents
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AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0131990 1.060 1.0641991 0.976 0.996 1.0701992 1.004 1.088 1.040 1.0581993 1.078 1.000 1.085 1.078 1.0781994 1.100 1.019 1.068 1.136 1.111 1.0411995 1.086 1.025 1.067 0.977 1.070 0.920 1.0301996 1.104 0.934 1.079 1.043 0.932 1.106 1.0511997 1.130 1.099 0.957 1.096 1.034 1.000 1.0711998 1.798 1.276 1.087 1.021 1.029 0.954 1.0551999 1.258 1.203 1.077 1.102 1.027 1.1052000 1.352 0.960 1.031 1.029 0.9712001 1.413 1.023 1.185 1.1042002 1.383 1.043 1.1502003 1.963 0.9932004 2.121
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.646 1.044 1.106 1.043 1.040 1.041 1.006 1.094 1.040 1.055Vol. Wtd. 1.612 1.045 1.108 1.038 1.045 1.038 1.006 1.090 1.036 1.057xHiLo 1.586 1.020 1.105 1.051 1.045 1.048 1.011 1.087 1.056 1.056
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 4.193 2.547 2.439 2.206 2.116 2.033 1.954 1.941 1.775 1.707Vol. Wtd. 4.092 2.538 2.428 2.192 2.112 2.021 1.946 1.934 1.774 1.713xHiLo 3.915 2.468 2.421 2.192 2.086 1.996 1.904 1.884 1.733 1.641
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.383 1.062 1.065 1.027 1.068 1.048 0.992 1.097 1.076 1.069Vol. Wtd. 1.384 1.070 1.071 1.022 1.065 1.049 0.990 1.093 1.072 1.068xHiLo 1.383 1.023 1.077 1.021 1.079 1.043 0.977 1.085 1.078 1.070
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.983 2.880 2.713 2.548 2.482 2.324 2.217 2.234 2.037 1.893Vol. Wtd. 3.930 2.839 2.654 2.478 2.424 2.276 2.170 2.192 2.006 1.870xHiLo 3.638 2.632 2.574 2.390 2.341 2.170 2.080 2.130 1.963 1.822
Development Period
Case Incurred Development Factors Excess of $2 MillionCase incurred loss trended at 5% per year from accident year to 2006
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AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.043 1.032 1.075 1.028 1.079 1.048 1.0151985 1.059 1.062 1.063 1.046 1.123 1.038 1.0171986 1.038 1.070 1.021 1.056 0.962 1.051 1.0411987 1.039 1.067 1.048 1.063 1.044 1.029 1.0431988 1.029 1.058 1.140 1.053 1.002 1.055 1.0361989 1.015 1.143 1.070 1.001 1.075 1.0831990 1.026 1.061 1.033 0.995 1.0081991 1.086 1.099 1.015 1.0401992 1.072 1.036 0.9991993 1.031 1.0721994 1.0201995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.047 1.082 1.051 1.027 1.034 1.060 1.030 1.061 1.052 1.033 1.015Vol. Wtd. 1.047 1.084 1.054 1.026 1.034 1.061 1.030 1.061 1.053 1.032 1.015xHiLo 1.043 1.077 1.040 1.030 1.031 1.058 1.037 1.047 1.041 1.032 1.015
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.618 1.545 1.428 1.358 1.322 1.278 1.206 1.171 1.104 1.049 1.015Vol. Wtd. 1.621 1.549 1.429 1.356 1.322 1.279 1.206 1.170 1.103 1.048 1.015xHiLo 1.554 1.489 1.382 1.330 1.291 1.253 1.184 1.142 1.091 1.048 1.015
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.061 1.101 1.081 1.034 1.029 1.054 1.028 1.075 1.079 1.033 1.015Vol. Wtd. 1.056 1.099 1.077 1.033 1.029 1.054 1.028 1.075 1.079 1.032 1.015xHiLo 1.072 1.099 1.070 1.048 1.021 1.056 1.046 1.047 1.041 1.032 1.015
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.771 1.669 1.516 1.402 1.356 1.318 1.250 1.216 1.131 1.049 1.015Vol. Wtd. 1.751 1.658 1.508 1.400 1.355 1.318 1.250 1.216 1.131 1.048 1.015xHiLo 1.703 1.588 1.444 1.349 1.287 1.261 1.194 1.142 1.091 1.048 1.015
Development Period
Case Incurred Development Factors Excess of $2 MillionCase incurred loss trended at 5% per year from accident year to 2006
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AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0021990 1.073 1.0751991 0.940 0.977 1.0691992 0.987 1.148 1.016 1.0571993 1.066 0.979 1.083 1.068 1.0681994 1.104 1.022 1.029 1.146 1.106 1.0311995 1.090 1.033 1.070 0.960 1.080 0.891 1.0141996 1.108 0.910 1.033 1.022 0.877 1.103 1.0421997 1.096 1.093 0.942 1.140 1.002 0.956 1.0641998 1.948 1.318 1.086 0.993 1.026 0.924 1.0411999 1.151 1.260 1.067 1.101 1.055 1.1012000 1.323 0.896 0.987 1.003 0.9412001 1.363 0.926 1.269 1.1632002 1.394 1.018 1.0912003 2.112 0.9712004 2.317
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.702 1.014 1.100 1.040 1.039 1.024 0.973 1.095 1.025 1.048Vol. Wtd. 1.634 1.018 1.098 1.029 1.053 1.021 0.974 1.091 1.018 1.050xHiLo 1.623 0.972 1.082 1.032 1.038 1.031 0.982 1.089 1.042 1.052
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.548 2.085 2.056 1.869 1.796 1.729 1.689 1.737 1.586 1.548Vol. Wtd. 3.397 2.079 2.043 1.861 1.809 1.718 1.682 1.726 1.583 1.555xHiLo 3.173 1.955 2.012 1.860 1.802 1.736 1.684 1.715 1.575 1.512
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.360 1.027 1.047 1.012 1.066 1.031 0.955 1.103 1.063 1.065Vol. Wtd. 1.365 1.040 1.060 1.003 1.070 1.032 0.957 1.098 1.058 1.065xHiLo 1.363 0.926 1.067 0.993 1.033 1.022 0.960 1.083 1.068 1.068
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.338 2.455 2.390 2.283 2.256 2.116 2.052 2.148 1.948 1.832Vol. Wtd. 3.346 2.451 2.357 2.224 2.217 2.071 2.008 2.097 1.910 1.805xHiLo 2.723 1.997 2.157 2.022 2.036 1.971 1.930 2.011 1.857 1.739
Development Period
Case Incurred Development Factors Excess of $3 MillionCase incurred loss trended at 5% per year from accident year to 2006
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AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.044 1.033 1.077 1.029 1.086 1.038 1.0091985 1.070 1.065 1.061 1.048 1.129 1.005 1.0131986 1.031 1.113 1.008 1.067 0.945 1.025 1.0411987 1.031 1.067 1.041 1.060 1.038 1.019 1.0411988 1.007 1.071 1.144 1.038 0.986 1.038 1.0031989 1.018 1.160 1.068 0.973 1.062 1.0751990 1.029 1.060 1.028 0.967 0.9811991 1.088 1.089 1.007 1.0361992 1.081 1.004 0.9661993 0.998 1.0721994 1.0111995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.041 1.077 1.043 1.011 1.019 1.056 1.018 1.056 1.044 1.025 1.009Vol. Wtd. 1.042 1.079 1.044 1.007 1.019 1.056 1.020 1.057 1.043 1.026 1.009xHiLo 1.040 1.073 1.034 1.016 1.018 1.055 1.023 1.035 1.041 1.026 1.009
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.477 1.419 1.318 1.264 1.250 1.226 1.161 1.141 1.080 1.035 1.009Vol. Wtd. 1.481 1.422 1.318 1.262 1.253 1.230 1.165 1.141 1.080 1.035 1.009xHiLo 1.437 1.382 1.287 1.245 1.225 1.204 1.141 1.115 1.077 1.035 1.009
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.066 1.103 1.080 1.018 1.018 1.055 1.023 1.079 1.086 1.025 1.009Vol. Wtd. 1.060 1.100 1.073 1.016 1.019 1.054 1.027 1.078 1.086 1.026 1.009xHiLo 1.081 1.089 1.068 1.038 1.008 1.061 1.048 1.035 1.041 1.026 1.009
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.720 1.614 1.463 1.355 1.331 1.308 1.240 1.212 1.123 1.035 1.009Vol. Wtd. 1.696 1.600 1.455 1.356 1.335 1.310 1.243 1.211 1.123 1.035 1.009xHiLo 1.629 1.507 1.384 1.296 1.248 1.239 1.168 1.115 1.077 1.035 1.009
Development Period
Case Incurred Development Factors Excess of $3 MillionCase incurred loss trended at 5% per year from accident year to 2006
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AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0061990 1.076 1.1021991 0.900 0.955 1.0621992 0.982 1.203 0.981 1.0651993 1.051 0.967 1.079 1.069 1.0681994 1.102 1.040 1.013 1.170 1.103 1.0301995 1.103 1.043 1.058 0.936 1.085 0.877 0.9911996 1.120 0.892 1.041 1.011 0.830 1.070 1.0471997 1.064 1.084 0.946 1.165 0.998 0.935 1.0581998 1.963 1.386 1.117 0.983 1.024 0.905 1.0161999 1.049 1.245 1.081 1.178 1.064 1.1062000 1.250 0.881 0.949 0.995 0.9102001 1.296 0.817 1.337 1.2382002 1.383 0.999 1.0152003 2.176 0.8932004 2.581
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.737 0.967 1.100 1.068 1.041 1.016 0.946 1.093 1.015 1.043Vol. Wtd. 1.622 0.971 1.091 1.043 1.064 1.013 0.948 1.089 1.007 1.047xHiLo 1.619 0.924 1.071 1.052 1.043 1.023 0.961 1.078 1.032 1.052
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.085 1.775 1.836 1.670 1.563 1.502 1.479 1.564 1.431 1.410Vol. Wtd. 2.855 1.760 1.813 1.661 1.593 1.497 1.478 1.560 1.433 1.424xHiLo 2.737 1.691 1.830 1.708 1.624 1.557 1.523 1.584 1.470 1.424
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.310 0.981 1.049 1.036 1.077 1.023 0.926 1.111 1.051 1.065Vol. Wtd. 1.320 0.996 1.072 1.016 1.084 1.023 0.930 1.104 1.043 1.065xHiLo 1.296 0.881 1.081 0.983 1.041 1.011 0.936 1.085 1.069 1.065
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.926 2.234 2.277 2.171 2.096 1.947 1.904 2.056 1.850 1.760Vol. Wtd. 2.941 2.227 2.237 2.086 2.054 1.896 1.853 1.993 1.806 1.731xHiLo 2.337 1.804 2.048 1.895 1.928 1.852 1.832 1.958 1.805 1.688
Development Period
Case Incurred Development Factors Excess of $4 MillionCase incurred loss trended at 5% per year from accident year to 2006
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AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.038 1.029 1.083 1.027 1.092 1.038 0.9981985 1.084 1.070 1.059 1.037 1.123 0.978 0.9891986 1.032 1.174 0.995 1.070 0.924 0.989 1.0581987 1.024 1.090 1.029 1.047 1.038 1.019 1.0311988 0.996 1.097 1.134 1.018 0.966 1.008 0.9741989 1.034 1.186 1.076 0.953 1.040 1.0661990 1.023 1.059 1.028 0.952 0.9641991 1.111 1.080 0.986 1.0471992 1.114 0.974 0.9361993 0.991 1.0791994 0.9901995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.046 1.076 1.032 1.000 1.002 1.048 1.007 1.043 1.043 1.014 0.998Vol. Wtd. 1.045 1.077 1.035 0.994 1.002 1.048 1.013 1.046 1.041 1.015 0.998xHiLo 1.042 1.073 1.030 1.000 1.000 1.054 1.010 1.029 1.058 1.015 0.998
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.352 1.293 1.202 1.165 1.165 1.162 1.108 1.100 1.055 1.012 0.998Vol. Wtd. 1.360 1.301 1.208 1.167 1.174 1.171 1.117 1.103 1.054 1.013 0.998xHiLo 1.353 1.299 1.211 1.176 1.175 1.175 1.115 1.103 1.072 1.013 0.998
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.082 1.108 1.080 1.000 1.003 1.055 1.015 1.075 1.092 1.014 0.998Vol. Wtd. 1.071 1.104 1.072 0.998 1.005 1.054 1.022 1.073 1.092 1.015 0.998xHiLo 1.111 1.080 1.076 1.018 0.995 1.059 1.037 1.029 1.058 1.015 0.998
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.653 1.527 1.378 1.276 1.276 1.273 1.206 1.188 1.105 1.012 0.998Vol. Wtd. 1.625 1.518 1.374 1.283 1.285 1.279 1.214 1.188 1.107 1.013 0.998xHiLo 1.585 1.427 1.321 1.228 1.205 1.212 1.144 1.103 1.072 1.013 0.998
Development Period
Case Incurred Development Factors Excess of $4 MillionCase incurred loss trended at 5% per year from accident year to 2006
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AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0031990 1.080 1.1091991 0.859 0.936 1.0651992 0.976 1.287 0.947 1.0741993 1.047 0.947 1.093 1.078 1.0591994 1.088 1.082 0.985 1.183 1.120 1.0341995 1.106 1.061 1.045 0.911 1.083 0.855 0.9741996 1.100 0.889 1.052 0.999 0.781 1.011 1.0831997 1.024 1.089 0.949 1.181 1.000 0.921 1.0681998 1.989 1.494 1.135 0.980 1.022 0.912 0.9861999 0.969 1.156 1.084 1.286 1.092 1.1342000 1.132 0.949 0.934 0.955 0.8862001 1.239 0.708 1.359 1.3282002 1.367 0.989 0.9952003 2.367 0.8662004 2.734
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.768 0.934 1.101 1.100 1.047 1.018 0.917 1.088 1.017 1.042Vol. Wtd. 1.606 0.939 1.089 1.056 1.078 1.014 0.921 1.089 1.002 1.046xHiLo 1.658 0.935 1.071 1.074 1.056 1.014 0.939 1.081 1.036 1.053
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.838 1.605 1.720 1.561 1.420 1.356 1.333 1.454 1.337 1.315Vol. Wtd. 2.540 1.582 1.685 1.547 1.465 1.359 1.340 1.455 1.336 1.333xHiLo 2.754 1.661 1.777 1.659 1.545 1.464 1.443 1.537 1.421 1.372
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.246 0.937 1.051 1.071 1.085 1.014 0.892 1.120 1.048 1.066Vol. Wtd. 1.266 0.951 1.081 1.031 1.094 1.016 0.898 1.112 1.037 1.066xHiLo 1.239 0.949 1.084 0.980 1.052 1.000 0.911 1.093 1.078 1.065
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.611 2.095 2.235 2.127 1.985 1.829 1.803 2.021 1.804 1.722Vol. Wtd. 2.614 2.065 2.172 2.009 1.949 1.781 1.753 1.952 1.756 1.694xHiLo 2.360 1.905 2.008 1.852 1.890 1.796 1.796 1.973 1.804 1.675
Development Period
Case Incurred Development Factors Excess of $5 MillionCase incurred loss trended at 5% per year from accident year to 2006
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AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.032 1.042 1.084 1.029 1.089 1.051 0.9991985 1.110 1.081 1.047 1.040 1.115 0.941 0.9571986 1.025 1.264 1.000 1.074 0.907 0.968 1.0851987 1.011 1.094 1.023 1.046 1.030 1.007 1.0211988 0.980 1.150 1.125 0.998 0.949 0.997 0.9381989 1.050 1.215 1.074 0.938 1.015 1.0721990 1.025 1.067 1.028 0.947 0.9411991 1.145 1.068 0.964 1.0461992 1.126 0.956 0.9101993 0.973 1.0741994 0.9791995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.050 1.076 1.020 0.990 0.990 1.044 0.995 1.033 1.038 1.004 0.999Vol. Wtd. 1.048 1.078 1.026 0.984 0.988 1.044 1.004 1.039 1.031 1.008 0.999xHiLo 1.043 1.069 1.022 0.989 0.988 1.050 0.995 1.025 1.085 1.008 0.999
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.262 1.203 1.118 1.096 1.106 1.117 1.070 1.076 1.041 1.003 0.999Vol. Wtd. 1.274 1.215 1.127 1.098 1.117 1.130 1.082 1.078 1.038 1.007 0.999xHiLo 1.303 1.249 1.168 1.143 1.155 1.169 1.114 1.120 1.092 1.007 0.999
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.099 1.117 1.076 0.986 0.998 1.050 1.010 1.072 1.089 1.004 0.999Vol. Wtd. 1.082 1.112 1.068 0.985 1.001 1.048 1.021 1.070 1.089 1.008 0.999xHiLo 1.126 1.068 1.074 0.998 1.000 1.047 1.040 1.025 1.085 1.008 0.999
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.614 1.469 1.316 1.223 1.240 1.242 1.183 1.171 1.092 1.003 0.999Vol. Wtd. 1.589 1.468 1.320 1.236 1.256 1.255 1.198 1.173 1.097 1.007 0.999xHiLo 1.572 1.395 1.307 1.217 1.219 1.219 1.164 1.120 1.092 1.007 0.999
Development Period
Case Incurred Development Factors Excess of $5 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 11 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0241990 1.116 1.1091991 0.765 0.933 1.0531992 0.936 1.653 0.857 1.0821993 1.017 0.945 1.144 1.058 1.0241994 1.022 1.124 0.986 1.174 1.156 1.0491995 1.060 1.003 1.030 0.843 1.170 0.767 0.9211996 1.002 0.922 1.012 1.011 0.707 1.005 1.1061997 0.909 1.115 0.961 1.175 1.013 0.872 1.0951998 1.586 2.162 1.066 1.054 1.082 0.991 0.9191999 0.838 0.921 1.159 1.439 1.032 1.2892000 1.086 1.067 0.868 0.889 0.6632001 0.980 0.478 1.583 1.6352002 1.168 1.041 1.0492003 2.760 0.9582004 3.199
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.838 0.893 1.145 1.195 0.993 1.067 0.865 1.118 0.989 1.026Vol. Wtd. 1.525 0.928 1.081 1.081 1.073 1.044 0.868 1.127 0.963 1.032xHiLo 1.671 0.973 1.091 1.151 1.042 1.018 0.878 1.137 1.007 1.042
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.908 1.582 1.772 1.548 1.295 1.304 1.222 1.412 1.264 1.278Vol. Wtd. 2.278 1.494 1.609 1.489 1.377 1.283 1.228 1.416 1.256 1.305xHiLo 2.995 1.792 1.842 1.688 1.467 1.407 1.382 1.574 1.385 1.376
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.078 0.822 1.031 1.151 1.090 1.018 0.845 1.163 1.024 1.053Vol. Wtd. 1.096 0.839 1.052 1.060 1.109 1.019 0.847 1.159 1.002 1.050xHiLo 1.086 0.921 1.066 1.054 1.082 1.013 0.843 1.170 1.058 1.053
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.193 2.035 2.476 2.402 2.087 1.915 1.881 2.225 1.914 1.870Vol. Wtd. 2.087 1.904 2.270 2.158 2.035 1.836 1.802 2.129 1.837 1.833xHiLo 2.497 2.300 2.498 2.343 2.224 2.055 2.028 2.406 2.057 1.944
Development Period
Case Incurred Development Factors Excess of $7.5 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 12 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.015 1.050 1.077 1.042 1.116 1.070 1.0081985 1.103 1.079 1.082 1.074 1.126 0.913 0.9031986 1.093 1.532 1.010 1.089 0.880 0.989 1.1011987 0.981 1.050 1.002 1.066 1.025 0.985 1.0141988 0.922 1.258 1.102 0.987 0.943 0.965 0.9431989 1.099 1.257 1.094 0.925 0.935 1.1111990 1.032 1.082 1.042 0.901 0.9111991 1.219 1.067 0.938 1.0451992 1.183 0.902 0.8831993 0.952 1.0761994 0.9551995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.068 1.077 1.012 0.972 0.973 1.055 0.992 1.043 1.043 0.987 1.008Vol. Wtd. 1.061 1.082 1.025 0.961 0.970 1.054 1.004 1.049 1.033 0.997 1.008xHiLo 1.056 1.075 1.024 0.971 0.963 1.065 1.001 1.028 1.101 0.997 1.008
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.246 1.167 1.083 1.071 1.102 1.132 1.074 1.082 1.038 0.995 1.008Vol. Wtd. 1.265 1.192 1.101 1.074 1.118 1.153 1.094 1.089 1.039 1.005 1.008xHiLo 1.320 1.250 1.163 1.135 1.169 1.214 1.139 1.138 1.107 1.005 1.008
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.144 1.135 1.079 0.971 1.006 1.065 1.011 1.084 1.116 0.987 1.008Vol. Wtd. 1.112 1.127 1.072 0.970 1.012 1.060 1.028 1.081 1.116 0.997 1.008xHiLo 1.183 1.082 1.094 0.987 1.010 1.082 1.074 1.028 1.101 0.997 1.008
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.775 1.551 1.366 1.266 1.304 1.296 1.216 1.203 1.110 0.995 1.008Vol. Wtd. 1.746 1.570 1.393 1.299 1.338 1.322 1.247 1.213 1.122 1.005 1.008xHiLo 1.846 1.560 1.442 1.319 1.337 1.323 1.223 1.138 1.107 1.005 1.008
Development Period
Case Incurred Development Factors Excess of $7.5 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 13 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0401990 1.163 1.1391991 0.685 0.885 1.0941992 0.905 2.419 0.717 1.0741993 0.988 0.973 1.206 1.089 0.9531994 1.041 1.068 0.996 1.297 1.124 1.1021995 1.047 1.105 1.156 0.781 1.229 0.713 0.8571996 0.996 0.951 0.997 1.010 0.682 0.860 1.0181997 0.939 1.050 1.006 1.032 1.095 0.818 1.0241998 1.325 2.610 1.017 1.083 1.119 1.016 0.8541999 0.712 0.795 1.115 3.269 0.897 1.3652000 1.000 1.383 0.924 1.208 0.3662001 1.090 0.604 1.000 2.5052002 1.098 1.102 1.0202003 2.242 0.9802004
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.358 0.973 1.015 1.814 0.882 1.128 0.826 1.123 0.932 1.016Vol. Wtd. 1.568 1.007 1.013 1.149 1.004 1.096 0.817 1.136 0.911 1.011xHiLo 1.094 0.959 1.012 1.598 0.975 1.089 0.818 1.153 0.941 1.041
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.552 1.880 1.932 1.904 1.049 1.189 1.054 1.276 1.136 1.219Vol. Wtd. 2.080 1.326 1.317 1.300 1.131 1.127 1.028 1.259 1.108 1.216xHiLo 2.202 2.013 2.099 2.073 1.297 1.330 1.221 1.494 1.296 1.376
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.063 0.927 1.018 1.786 1.049 1.087 0.819 1.244 0.977 1.041Vol. Wtd. 1.076 0.960 1.011 1.120 1.047 1.096 0.803 1.232 0.960 1.023xHiLo 1.090 0.795 1.017 1.083 1.032 1.095 0.781 1.229 1.089 1.074
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.760 3.538 3.816 3.747 2.098 1.999 1.839 2.245 1.805 1.848Vol. Wtd. 2.297 2.136 2.225 2.200 1.965 1.876 1.712 2.132 1.731 1.803xHiLo 2.197 2.016 2.537 2.495 2.304 2.232 2.039 2.612 2.125 1.951
Development Period
Case Incurred Development Factors Excess of $10 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 14 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.015 1.059 1.052 1.054 1.103 1.069 1.0021985 1.065 1.084 1.091 1.087 1.131 0.869 0.8761986 1.262 2.387 1.027 1.182 0.800 1.088 1.1251987 0.985 1.026 0.964 1.158 1.010 1.001 1.0091988 0.885 1.339 1.061 0.967 0.919 0.985 0.9531989 1.097 1.274 1.116 0.888 0.859 1.1741990 1.035 1.096 1.057 0.825 0.8471991 1.286 1.110 0.921 0.9961992 1.159 0.813 0.8681993 0.960 1.0921994 0.9751995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.083 1.077 1.005 0.928 0.962 1.088 0.979 1.070 1.033 0.973 1.002Vol. Wtd. 1.065 1.093 1.029 0.913 0.959 1.073 1.003 1.063 1.012 0.988 1.002xHiLo 1.056 1.099 1.013 0.940 0.935 1.092 1.002 1.071 1.103 0.988 1.002
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.200 1.108 1.029 1.024 1.104 1.148 1.054 1.077 1.006 0.975 1.002Vol. Wtd. 1.203 1.129 1.033 1.004 1.099 1.146 1.068 1.065 1.002 0.990 1.002xHiLo 1.323 1.252 1.139 1.125 1.197 1.280 1.173 1.170 1.092 0.990 1.002
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.160 1.160 1.078 0.940 1.034 1.094 0.980 1.092 1.103 0.973 1.002Vol. Wtd. 1.116 1.148 1.075 0.939 1.056 1.067 1.016 1.089 1.103 0.988 1.002xHiLo 1.159 1.110 1.061 0.964 1.027 1.091 1.052 1.071 1.103 0.988 1.002
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.775 1.531 1.320 1.224 1.303 1.259 1.151 1.175 1.075 0.975 1.002Vol. Wtd. 1.762 1.579 1.375 1.279 1.362 1.290 1.209 1.190 1.092 0.990 1.002xHiLo 1.816 1.566 1.411 1.330 1.380 1.344 1.232 1.170 1.092 0.990 1.002
Development Period
Case Incurred Development Factors Excess of $10 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 15 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989199019911992199319941995 1.081 1.038 1.077 1.015 1.079 0.983 1.0571996 1.087 0.969 1.130 1.072 1.015 1.107 1.0671997 1.131 1.113 0.996 1.101 1.057 1.067 1.0641998 1.589 1.230 1.068 1.082 1.098 1.034 1.0491999 1.360 1.189 1.115 1.123 1.054 1.1222000 1.330 1.024 1.118 1.098 1.0592001 1.442 1.099 1.167 1.0832002 1.385 1.063 1.1502003 1.721 1.0282004 1.831
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.542 1.081 1.123 1.077 1.088 1.072 1.036 1.084 1.025 1.057Vol. Wtd. 1.532 1.080 1.123 1.075 1.087 1.072 1.038 1.082 1.022 1.057xHiLo 1.516 1.063 1.128 1.088 1.086 1.069 1.032 1.079 1.022 1.057
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 2.863 1.857 1.719 1.530 1.421 1.305 1.217 1.175 1.084 1.057Vol. Wtd. 2.823 1.842 1.706 1.520 1.413 1.300 1.213 1.168 1.080 1.057xHiLo 2.761 1.822 1.713 1.519 1.396 1.286 1.203 1.166 1.080 1.057
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.385 1.104 1.100 1.067 1.109 1.069 1.015 1.079 1.025 1.057Vol. Wtd. 1.388 1.108 1.098 1.067 1.107 1.069 1.015 1.079 1.022 1.057xHiLo 1.385 1.099 1.115 1.082 1.101 1.072 1.015 1.079 1.022 1.057
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 2.529 1.825 1.653 1.503 1.408 1.269 1.187 1.170 1.084 1.057Vol. Wtd. 2.524 1.818 1.641 1.495 1.400 1.265 1.183 1.166 1.080 1.057xHiLo 2.563 1.851 1.685 1.512 1.396 1.269 1.183 1.166 1.080 1.057
Case Incurred Development Factors Excess of $1 MillionCase incurred loss trended at 5% per year from accident year to 2006
Development Period
Page 16 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 619841985198619871988198919901991199219931994199519961997199819992000 1.345 1.069 1.168 1.155 1.0972001 1.426 1.133 1.195 1.0922002 1.386 1.094 1.1652003 1.620 1.0622004 1.738
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6
Average 1.503 1.090 1.176 1.124 1.097Vol. Wtd. 1.498 1.090 1.176 1.119 1.097xHiLo 1.477 1.082 1.168 1.119 1.097
Cumulative 1 to 6 2 to 6 3 to 6 4 to 6 5 to 6
Average 2.373 1.579 1.449 1.232 1.097Vol. Wtd. 2.356 1.573 1.444 1.228 1.097xHiLo 2.292 1.551 1.434 1.228 1.097
Case Incurred Development Factors Excess of $700 ThousandCase incurred loss trended at 5% per year from accident year to 2006
Development Period
Page 17 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0481990 1.046 1.0491991 1.101 1.057 0.9901992 1.061 0.942 1.114 1.0801993 1.056 1.053 1.132 1.117 1.1491994 1.091 0.976 1.141 1.165 1.062 1.0751995 1.094 1.011 1.051 1.000 1.087 1.045 1.0601996 1.108 1.028 1.238 1.051 1.077 1.126 1.0801997 1.210 1.107 1.011 1.033 1.140 1.178 1.0401998 1.500 1.227 1.042 1.144 1.084 1.069 1.0641999 1.583 1.110 1.181 1.144 0.976 1.1532000 1.314 1.041 1.092 1.084 0.9892001 1.484 1.147 1.073 1.0512002 1.268 1.043 1.2582003 1.591 1.0002004 1.700
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.471 1.068 1.129 1.087 1.064 1.093 1.092 1.110 1.083 1.071Vol. Wtd. 1.471 1.067 1.129 1.089 1.055 1.094 1.089 1.107 1.084 1.064xHiLo 1.463 1.065 1.115 1.093 1.035 1.087 1.094 1.115 1.085 1.072
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 6.111 4.154 3.888 3.444 3.168 2.978 2.725 2.495 2.248 2.075Vol. Wtd. 5.977 4.063 3.808 3.372 3.096 2.934 2.683 2.463 2.226 2.053xHiLo 5.838 3.991 3.748 3.361 3.075 2.970 2.733 2.498 2.240 2.064
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.355 1.099 1.105 1.100 1.118 1.080 1.073 1.128 1.097 1.073Vol. Wtd. 1.355 1.104 1.106 1.105 1.111 1.079 1.068 1.127 1.098 1.063xHiLo 1.314 1.110 1.092 1.144 1.084 1.051 1.077 1.132 1.114 1.080
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 5.681 4.192 3.813 3.451 3.137 2.806 2.597 2.421 2.146 1.955Vol. Wtd. 5.569 4.110 3.723 3.367 3.047 2.743 2.541 2.379 2.110 1.921xHiLo 5.711 4.347 3.917 3.587 3.135 2.892 2.751 2.555 2.257 2.026
Development Period
Claim Count Development Factors Excess of $2 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 18 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.038 1.016 1.064 1.042 1.017 1.100 1.0331985 1.026 1.051 1.074 1.017 1.132 1.087 1.0281986 1.069 1.010 1.042 1.016 1.031 1.122 1.0351987 1.060 1.048 1.070 1.068 1.058 1.073 1.0421988 1.034 1.059 1.060 1.073 1.050 1.093 1.0641989 1.000 1.116 1.082 1.079 1.085 1.0671990 1.031 1.034 1.045 1.094 1.0721991 1.052 1.119 1.022 1.0521992 1.074 1.164 1.0541993 1.058 1.0801994 1.0471995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.052 1.102 1.053 1.074 1.064 1.062 1.050 1.085 1.046 1.064 1.033Vol. Wtd. 1.051 1.099 1.054 1.074 1.063 1.062 1.051 1.084 1.047 1.060 1.033xHiLo 1.052 1.105 1.053 1.074 1.064 1.066 1.053 1.082 1.035 1.060 1.033
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.938 1.841 1.670 1.587 1.478 1.390 1.309 1.247 1.150 1.099 1.033Vol. Wtd. 1.929 1.836 1.671 1.585 1.475 1.387 1.306 1.243 1.147 1.095 1.033xHiLo 1.926 1.830 1.657 1.573 1.465 1.377 1.292 1.227 1.133 1.095 1.033
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.052 1.089 1.062 1.074 1.054 1.049 1.037 1.087 1.017 1.064 1.033Vol. Wtd. 1.049 1.089 1.063 1.074 1.053 1.048 1.036 1.088 1.017 1.060 1.033xHiLo 1.052 1.116 1.060 1.073 1.050 1.058 1.031 1.082 1.035 1.060 1.033
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.822 1.731 1.589 1.496 1.393 1.322 1.260 1.215 1.118 1.099 1.033Vol. Wtd. 1.808 1.723 1.583 1.489 1.386 1.316 1.256 1.212 1.114 1.095 1.033xHiLo 1.876 1.783 1.598 1.507 1.405 1.338 1.265 1.227 1.133 1.095 1.033
Development Period
Claim Count Development Factors Excess of $2 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 19 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0351990 1.042 1.0101991 1.071 1.067 1.0611992 1.000 1.015 1.100 1.0261993 1.200 1.019 1.107 1.097 1.0591994 1.073 1.000 1.133 1.118 1.158 1.0301995 1.054 1.051 1.078 1.000 1.043 0.958 1.0721996 1.088 0.946 1.077 1.119 0.957 1.222 1.0551997 1.235 1.143 0.900 1.067 1.083 1.075 1.1051998 1.724 1.180 1.066 1.119 0.987 0.946 1.0571999 1.353 1.250 1.033 1.048 1.015 1.0452000 1.550 0.970 1.188 1.079 0.9512001 1.483 1.209 1.154 1.0502002 1.371 1.080 1.2592003 2.040 1.2162004 1.733
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.636 1.145 1.140 1.039 1.019 1.054 1.045 1.119 1.074 1.050Vol. Wtd. 1.619 1.156 1.131 1.043 1.015 1.044 1.042 1.112 1.070 1.050xHiLo 1.589 1.168 1.136 1.059 1.023 1.069 1.044 1.110 1.084 1.050
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 6.261 3.828 3.344 2.933 2.822 2.769 2.626 2.513 2.246 2.092Vol. Wtd. 6.059 3.743 3.239 2.864 2.745 2.704 2.589 2.484 2.235 2.090xHiLo 6.588 4.147 3.549 3.125 2.951 2.885 2.699 2.584 2.328 2.148
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.468 1.143 1.095 1.023 1.043 1.094 1.030 1.089 1.118 1.049Vol. Wtd. 1.452 1.161 1.078 1.034 1.031 1.091 1.025 1.085 1.116 1.048xHiLo 1.483 1.209 1.066 1.048 1.067 1.083 1.000 1.107 1.100 1.059
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 5.551 3.781 3.308 3.020 2.953 2.830 2.588 2.512 2.306 2.062Vol. Wtd. 5.365 3.694 3.181 2.949 2.854 2.767 2.536 2.475 2.280 2.043xHiLo 6.276 4.233 3.500 3.285 3.133 2.937 2.711 2.711 2.449 2.226
Development Period
Claim Count Development Factors Excess of $3 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 20 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.049 1.046 1.092 1.015 1.090 1.055 1.0391985 1.111 1.018 1.081 1.075 1.105 1.108 1.0511986 1.049 0.984 1.045 1.080 0.953 1.106 1.0061987 1.077 1.089 1.086 1.079 1.053 0.994 1.0891988 1.099 1.016 1.148 1.129 0.988 1.128 1.0761989 0.975 1.093 1.062 1.029 1.134 1.1061990 1.027 1.106 1.000 1.056 1.0531991 1.045 1.163 1.056 1.0181992 1.038 1.085 1.0671993 1.125 1.0251994 1.0741995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.062 1.095 1.067 1.064 1.060 1.090 1.038 1.079 1.068 1.053 1.039Vol. Wtd. 1.058 1.097 1.067 1.066 1.058 1.091 1.036 1.080 1.067 1.053 1.039xHiLo 1.052 1.095 1.062 1.057 1.059 1.089 1.048 1.097 1.090 1.053 1.039
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.993 1.877 1.715 1.608 1.512 1.426 1.309 1.261 1.169 1.095 1.039Vol. Wtd. 1.991 1.882 1.716 1.608 1.508 1.426 1.307 1.261 1.168 1.094 1.039xHiLo 2.046 1.944 1.776 1.673 1.582 1.494 1.372 1.309 1.193 1.094 1.039
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.037 1.121 1.070 1.081 1.038 1.071 1.040 1.060 1.090 1.053 1.039Vol. Wtd. 1.036 1.118 1.070 1.082 1.034 1.071 1.035 1.062 1.090 1.053 1.039xHiLo 1.038 1.106 1.062 1.086 1.045 1.080 1.075 1.097 1.090 1.053 1.039
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.967 1.897 1.692 1.582 1.462 1.410 1.316 1.265 1.193 1.095 1.039Vol. Wtd. 1.948 1.880 1.682 1.572 1.452 1.404 1.311 1.267 1.193 1.094 1.039xHiLo 2.103 2.026 1.831 1.725 1.589 1.520 1.407 1.309 1.193 1.094 1.039
Development Period
Claim Count Development Factors Excess of $3 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 21 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0001990 1.100 1.0001991 1.083 1.019 1.0741992 0.955 0.976 1.159 1.0001993 1.118 1.000 1.051 1.049 1.1631994 1.148 0.968 1.033 1.065 1.061 1.0571995 1.081 0.975 1.150 1.043 1.083 0.923 1.0421996 1.083 1.038 0.903 1.036 1.034 1.167 1.0291997 1.269 1.121 0.947 1.056 1.000 0.974 1.0531998 2.125 1.176 1.000 0.977 1.048 0.955 1.0481999 1.261 1.379 1.075 0.930 1.000 1.1002000 1.529 0.815 1.045 1.000 0.9572001 1.556 1.071 1.300 1.0772002 1.391 1.030 1.2062003 1.824 1.0652004 2.286
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.717 1.072 1.125 0.986 0.993 1.048 1.027 1.084 1.044 1.067Vol. Wtd. 1.674 1.074 1.119 0.984 1.000 1.047 1.027 1.081 1.039 1.065xHiLo 1.636 1.055 1.109 0.975 1.001 1.045 1.037 1.067 1.046 1.058
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 4.718 2.748 2.563 2.278 2.310 2.327 2.220 2.162 1.995 1.911Vol. Wtd. 4.579 2.735 2.546 2.275 2.312 2.312 2.208 2.150 1.989 1.915xHiLo 4.083 2.495 2.364 2.132 2.188 2.185 2.090 2.015 1.889 1.806
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.492 1.089 1.040 0.951 1.002 1.062 1.037 1.066 1.089 1.079Vol. Wtd. 1.483 1.095 1.038 0.952 1.009 1.066 1.038 1.068 1.093 1.074xHiLo 1.529 1.071 1.045 0.947 1.048 1.036 1.034 1.065 1.061 1.074
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.913 2.622 2.409 2.316 2.434 2.429 2.287 2.206 2.068 1.898Vol. Wtd. 3.940 2.657 2.426 2.336 2.455 2.433 2.282 2.199 2.059 1.883xHiLo 4.075 2.664 2.487 2.379 2.511 2.397 2.314 2.237 2.101 1.981
Development Period
Claim Count Development Factors Excess of $4 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 22 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.076 1.000 1.068 1.051 1.061 0.977 1.0121985 1.000 1.050 1.104 1.068 1.152 1.121 1.0781986 1.059 0.958 1.028 1.081 0.975 1.077 1.0481987 1.081 1.030 1.014 1.055 1.052 1.062 1.0931988 1.015 0.970 1.152 1.026 1.051 1.049 1.1051989 0.971 1.087 1.093 1.024 1.167 1.0511990 1.056 1.013 1.039 1.013 1.0371991 1.000 1.121 1.046 1.0591992 1.039 1.094 1.0691993 1.000 1.0401994 1.0271995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.024 1.071 1.080 1.027 1.068 1.067 1.055 1.093 1.076 1.028 1.012Vol. Wtd. 1.026 1.069 1.079 1.026 1.070 1.065 1.056 1.093 1.078 1.032 1.012xHiLo 1.022 1.074 1.069 1.022 1.048 1.061 1.066 1.085 1.061 1.032 1.012
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.791 1.748 1.633 1.512 1.472 1.379 1.292 1.224 1.119 1.040 1.012Vol. Wtd. 1.798 1.752 1.640 1.519 1.480 1.384 1.299 1.230 1.125 1.044 1.012xHiLo 1.708 1.671 1.556 1.455 1.424 1.359 1.281 1.202 1.108 1.044 1.012
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.032 1.074 1.095 1.022 1.045 1.079 1.037 1.102 1.061 1.028 1.012Vol. Wtd. 1.033 1.069 1.092 1.022 1.045 1.078 1.035 1.102 1.061 1.032 1.012xHiLo 1.039 1.087 1.093 1.024 1.051 1.081 1.068 1.085 1.061 1.032 1.012
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.759 1.706 1.589 1.451 1.421 1.360 1.260 1.215 1.103 1.040 1.012Vol. Wtd. 1.753 1.697 1.587 1.454 1.423 1.362 1.263 1.220 1.108 1.044 1.012xHiLo 1.845 1.775 1.633 1.494 1.458 1.387 1.283 1.202 1.108 1.044 1.012
Development Period
Claim Count Development Factors Excess of $4 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 23 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 0.9601990 1.045 1.1091991 1.077 1.024 0.9771992 1.067 0.969 1.061 1.1141993 1.083 1.077 1.036 1.069 1.0971994 1.100 0.909 1.050 1.238 1.077 1.0361995 1.409 0.935 1.067 1.000 1.094 0.943 1.0001996 1.385 0.833 1.118 1.053 0.850 1.059 1.1111997 1.316 1.080 0.929 1.077 0.964 1.071 1.0001998 1.909 1.190 1.185 0.970 0.938 0.800 1.0831999 1.133 1.529 0.962 1.160 1.034 1.0332000 1.455 0.750 1.000 1.167 1.0002001 1.455 0.875 1.357 1.1052002 1.500 0.958 0.8702003 1.750 0.8572004 2.625
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.757 0.994 1.075 1.066 1.033 0.983 1.011 1.085 1.052 1.045Vol. Wtd. 1.690 0.989 1.059 1.043 1.025 0.978 1.016 1.078 1.043 1.041xHiLo 1.568 0.897 1.049 1.078 1.037 1.017 1.040 1.063 1.069 1.044
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.540 2.015 2.027 1.886 1.769 1.712 1.741 1.722 1.587 1.508Vol. Wtd. 3.153 1.866 1.886 1.781 1.708 1.666 1.703 1.676 1.555 1.491xHiLo 3.177 2.026 2.259 2.154 1.997 1.926 1.894 1.821 1.713 1.603
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.470 1.051 1.049 1.019 1.044 1.028 0.967 1.123 1.069 1.063Vol. Wtd. 1.474 1.061 1.062 1.012 1.027 1.026 0.972 1.111 1.068 1.055xHiLo 1.455 0.875 1.000 0.970 1.077 1.053 1.000 1.094 1.069 1.097
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.168 2.156 2.050 1.955 1.917 1.836 1.787 1.848 1.647 1.541Vol. Wtd. 3.060 2.076 1.957 1.843 1.822 1.775 1.730 1.779 1.601 1.499xHiLo 2.605 1.791 2.047 2.047 2.110 1.960 1.862 1.862 1.702 1.592
Development Period
Claim Count Development Factors Excess of $5 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 24 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.021 1.042 1.058 1.018 1.054 0.966 1.0001985 1.049 1.116 1.020 1.019 1.094 1.086 1.0481986 1.068 1.021 0.980 1.061 0.904 1.064 0.9401987 1.028 1.189 1.109 1.039 1.038 1.055 1.0861988 1.026 0.949 1.154 1.089 0.939 1.022 1.0431989 1.063 1.113 1.051 1.032 1.063 1.0291990 0.963 1.019 1.038 0.964 1.0751991 0.953 1.122 1.043 1.0831992 1.103 1.000 1.0001993 1.118 1.0531994 1.0341995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.034 1.061 1.057 1.055 1.019 1.034 1.016 1.066 1.027 1.007 1.000Vol. Wtd. 1.025 1.062 1.054 1.051 1.022 1.034 1.016 1.066 1.030 1.008 1.000xHiLo 1.033 1.062 1.044 1.068 1.027 1.030 1.039 1.075 1.054 1.008 1.000
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.444 1.396 1.315 1.244 1.179 1.157 1.119 1.101 1.034 1.007 1.000Vol. Wtd. 1.433 1.398 1.316 1.249 1.188 1.162 1.124 1.107 1.039 1.008 1.000xHiLo 1.535 1.485 1.399 1.340 1.255 1.221 1.186 1.142 1.062 1.008 1.000
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.006 1.085 1.081 1.077 0.986 1.040 0.994 1.056 1.054 1.007 1.000Vol. Wtd. 1.000 1.082 1.073 1.072 0.987 1.039 0.994 1.056 1.054 1.008 1.000xHiLo 0.963 1.113 1.051 1.089 0.980 1.038 1.019 1.075 1.054 1.008 1.000
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.450 1.440 1.328 1.229 1.141 1.157 1.113 1.120 1.061 1.007 1.000Vol. Wtd. 1.422 1.422 1.314 1.224 1.142 1.158 1.114 1.121 1.062 1.008 1.000xHiLo 1.452 1.508 1.354 1.289 1.184 1.208 1.164 1.142 1.062 1.008 1.000
Development Period
Claim Count Development Factors Excess of $5 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 25 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 0.9571990 1.040 1.1151991 0.950 0.895 1.0001992 0.933 1.143 1.118 1.0531993 1.071 0.867 1.154 1.067 1.2501994 1.286 1.222 0.909 1.100 1.273 0.8571995 1.182 0.923 0.917 1.364 0.800 1.000 1.0831996 1.000 0.714 1.200 1.000 0.667 1.250 1.2001997 1.091 1.083 0.846 1.455 0.938 1.000 1.1331998 2.400 1.083 1.154 0.800 1.000 0.917 0.9091999 0.889 1.000 1.375 1.000 1.182 1.0772000 1.200 0.833 0.800 0.500 1.0002001 1.400 0.571 1.500 1.5002002 1.667 1.200 0.9172003 6.000 0.8332004 3.000
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 2.653 0.888 1.149 0.929 1.167 0.970 0.970 1.087 1.131 1.049Vol. Wtd. 1.842 0.919 1.119 0.918 1.195 0.966 1.000 1.053 1.117 1.051xHiLo 2.022 0.889 1.149 0.882 1.127 0.951 0.939 1.129 1.128 1.045
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 4.375 1.649 1.857 1.616 1.740 1.490 1.537 1.585 1.458 1.288Vol. Wtd. 3.065 1.664 1.811 1.618 1.762 1.474 1.526 1.526 1.450 1.298xHiLo 2.949 1.458 1.641 1.428 1.619 1.437 1.510 1.607 1.424 1.262
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.422 0.802 1.110 0.882 1.218 0.951 0.980 1.018 1.152 1.101Vol. Wtd. 1.438 0.810 1.154 0.872 1.214 0.941 1.036 1.000 1.140 1.096xHiLo 1.400 0.833 1.154 0.846 1.200 0.938 0.909 1.100 1.118 1.053
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.299 1.617 2.017 1.818 2.061 1.692 1.778 1.815 1.783 1.547Vol. Wtd. 2.354 1.637 2.023 1.753 2.011 1.656 1.759 1.699 1.699 1.491xHiLo 2.074 1.482 1.778 1.541 1.821 1.518 1.619 1.781 1.619 1.448
Development Period
Claim Count Development Factors Excess of $7.5 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 26 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.136 1.040 1.074 1.069 1.032 1.094 0.9711985 1.136 1.160 0.966 1.000 1.071 0.967 0.9661986 1.000 1.100 1.000 1.042 0.960 0.917 1.1821987 0.944 1.176 1.143 0.958 1.000 1.043 1.0001988 0.944 1.235 1.143 1.042 0.920 0.957 0.8641989 1.045 1.125 1.111 0.967 1.034 1.1001990 1.000 1.032 1.000 1.094 0.9711991 1.118 1.053 1.000 1.0001992 1.100 1.045 0.9571993 0.950 1.0001994 0.9171995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.017 1.051 1.042 1.049 0.977 1.013 0.988 1.014 1.060 1.030 0.971Vol. Wtd. 1.020 1.052 1.041 1.047 0.978 1.016 0.992 1.019 1.048 1.033 0.971xHiLo 1.017 1.043 1.037 1.045 0.977 1.002 1.001 1.034 1.032 1.033 0.971
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.229 1.208 1.150 1.103 1.052 1.076 1.063 1.076 1.060 1.000 0.971Vol. Wtd. 1.235 1.211 1.151 1.106 1.056 1.080 1.063 1.072 1.052 1.003 0.971xHiLo 1.207 1.187 1.138 1.097 1.050 1.075 1.073 1.071 1.036 1.003 0.971
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.073 1.070 1.085 1.050 0.959 1.002 1.011 1.070 1.032 1.030 0.971Vol. Wtd. 1.059 1.068 1.075 1.040 0.959 1.000 1.013 1.070 1.032 1.033 0.971xHiLo 1.100 1.053 1.111 1.042 0.958 1.000 1.000 1.034 1.032 1.033 0.971
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.405 1.310 1.224 1.129 1.075 1.120 1.118 1.105 1.032 1.000 0.971Vol. Wtd. 1.360 1.284 1.203 1.119 1.076 1.122 1.122 1.108 1.036 1.003 0.971xHiLo 1.376 1.251 1.188 1.069 1.027 1.071 1.071 1.071 1.036 1.003 0.971
Development Period
Claim Count Development Factors Excess of $7.5 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 27 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0001990 1.071 1.1331991 0.846 1.000 0.9091992 0.889 1.000 1.000 1.1111993 1.100 0.909 1.000 0.900 1.0001994 1.333 1.000 1.000 1.000 1.250 1.0001995 1.000 0.889 0.750 0.833 1.000 1.000 1.0001996 1.000 1.000 0.750 1.000 1.000 1.000 1.3331997 0.714 1.400 0.857 1.500 1.000 0.889 1.1251998 2.000 2.000 1.000 1.500 1.000 1.000 1.0001999 0.833 0.600 0.667 2.500 1.000 1.6002000 1.000 1.000 1.000 1.000 1.0002001 1.000 0.333 1.000 2.0002002 0.750 1.333 0.7502003 3.000 1.0002004
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.438 0.853 0.883 1.571 1.050 1.070 0.944 1.025 1.097 1.004Vol. Wtd. 1.200 0.813 0.857 1.313 1.087 1.032 0.929 1.033 1.032 1.000xHiLo 1.000 0.867 0.917 1.500 1.000 1.000 0.963 1.000 1.083 1.000
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.283 2.284 2.676 3.030 1.928 1.836 1.716 1.817 1.773 1.617Vol. Wtd. 2.039 1.699 2.092 2.440 1.859 1.710 1.657 1.784 1.727 1.673xHiLo 1.936 1.936 2.234 2.437 1.624 1.624 1.624 1.687 1.687 1.557
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 0.917 0.644 0.889 1.619 1.083 0.917 0.944 1.000 1.050 1.007Vol. Wtd. 0.889 0.600 0.889 1.308 1.125 0.900 0.923 1.000 1.000 1.000xHiLo 1.000 0.600 1.000 1.500 1.000 1.000 1.000 1.000 1.000 1.000
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.140 2.335 3.623 4.076 2.517 2.324 2.535 2.684 2.684 2.556Vol. Wtd. 1.403 1.578 2.631 2.959 2.263 2.012 2.235 2.421 2.421 2.421xHiLo 2.025 2.025 3.376 3.376 2.250 2.250 2.250 2.250 2.250 2.250
Development Period
Claim Count Development Factors Excess of $10 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 28 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.000 1.067 1.063 1.059 1.167 1.095 1.1301985 1.091 1.167 1.000 1.000 1.143 1.063 1.0001986 0.778 1.714 1.071 1.000 0.867 1.000 1.0001987 0.923 1.250 1.000 0.875 1.071 0.933 1.0001988 1.000 1.083 1.154 1.000 1.067 0.938 0.8671989 1.083 1.231 1.000 1.063 0.941 1.0631990 1.118 1.105 1.048 0.955 1.0481991 1.400 1.000 1.000 1.0001992 1.600 0.938 0.8001993 1.000 1.0001994 0.8001995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.184 1.055 1.000 1.003 1.000 1.014 0.946 1.050 1.076 1.048 1.130Vol. Wtd. 1.216 1.056 1.000 1.000 1.000 1.013 0.947 1.052 1.085 1.053 1.130xHiLo 1.173 1.035 1.016 1.000 1.018 1.021 0.933 1.029 1.063 1.053 1.130
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.610 1.360 1.290 1.289 1.285 1.285 1.266 1.339 1.275 1.184 1.130Vol. Wtd. 1.673 1.376 1.303 1.303 1.303 1.303 1.286 1.358 1.291 1.190 1.130xHiLo 1.557 1.328 1.283 1.263 1.263 1.240 1.215 1.301 1.264 1.190 1.130
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.373 1.112 1.067 1.021 1.004 1.024 0.976 1.101 1.167 1.048 1.130Vol. Wtd. 1.324 1.109 1.060 1.021 1.000 1.023 0.978 1.097 1.167 1.053 1.130xHiLo 1.400 1.105 1.048 1.000 1.067 1.000 1.000 1.029 1.063 1.053 1.130
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 2.539 1.850 1.664 1.559 1.527 1.520 1.485 1.521 1.382 1.184 1.130Vol. Wtd. 2.421 1.828 1.649 1.556 1.523 1.523 1.489 1.523 1.388 1.190 1.130xHiLo 2.250 1.607 1.454 1.388 1.388 1.301 1.301 1.301 1.264 1.190 1.130
Development Period
Claim Count Development Factors Excess of $10 MillionCase incurred loss trended at 5% per year from accident year to 2006
Page 29 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989199019911992199319941995 1.105 1.131 1.094 1.107 1.102 1.095 1.0991996 1.048 1.071 1.167 1.094 1.106 1.160 1.0711997 1.115 1.155 1.113 1.129 1.156 1.168 1.0591998 1.306 1.141 1.097 1.167 1.237 1.167 1.0481999 1.392 1.222 1.205 1.173 1.165 1.1502000 1.377 1.146 1.254 1.269 1.1432001 1.399 1.175 1.216 1.0842002 1.349 1.148 1.1362003 1.310 1.1422004 1.520
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.391 1.166 1.181 1.161 1.168 1.132 1.107 1.107 1.083 1.099Vol. Wtd. 1.384 1.165 1.182 1.159 1.168 1.136 1.104 1.105 1.082 1.099xHiLo 1.375 1.156 1.186 1.151 1.158 1.133 1.106 1.102 1.082 1.099
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 4.295 3.088 2.647 2.241 1.930 1.652 1.459 1.318 1.190 1.099Vol. Wtd. 4.249 3.070 2.635 2.230 1.924 1.647 1.450 1.314 1.189 1.099xHiLo 4.130 3.004 2.598 2.192 1.904 1.644 1.451 1.311 1.189 1.099
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.375 1.181 1.185 1.151 1.178 1.115 1.106 1.102 1.083 1.099Vol. Wtd. 1.375 1.181 1.186 1.153 1.180 1.116 1.106 1.102 1.082 1.099xHiLo 1.377 1.175 1.205 1.167 1.167 1.094 1.106 1.102 1.082 1.099
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 4.220 3.070 2.600 2.193 1.906 1.618 1.452 1.312 1.190 1.099Vol. Wtd. 4.237 3.083 2.611 2.202 1.909 1.618 1.450 1.311 1.189 1.099xHiLo 4.210 3.058 2.603 2.160 1.852 1.587 1.450 1.311 1.189 1.099
Claim Count Development Factors Excess of $1 MillionCase incurred loss trended at 5% per year from accident year to 2006
Development Period
Page 30 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 619841985198619871988198919901991199219931994199519961997199819992000 1.392 1.259 1.354 1.287 1.1412001 1.389 1.305 1.322 1.1182002 1.443 1.236 1.2642003 1.368 1.2082004 1.516
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6
Average 1.422 1.252 1.313 1.202 1.141Vol. Wtd. 1.420 1.251 1.311 1.195 1.141xHiLo 1.408 1.247 1.322 1.195 1.141
Cumulative 1 to 6 2 to 6 3 to 6 4 to 6 5 to 6
Average 3.205 2.254 1.801 1.371 1.141Vol. Wtd. 3.174 2.235 1.787 1.364 1.141xHiLo 3.167 2.249 1.803 1.364 1.141
Claim Count Development Factors Excess of $700 ThousandCase incurred loss trended at 5% per year from accident year to 2006
Development Period
Page 31 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0051990 1.070 1.0711991 0.951 0.986 1.0701992 0.992 1.125 1.023 1.0561993 1.074 0.985 1.083 1.071 1.0721994 1.102 1.025 1.045 1.138 1.110 1.0321995 1.089 1.029 1.071 0.969 1.073 0.905 1.0231996 1.103 0.915 1.055 1.039 0.906 1.107 1.0471997 1.121 1.096 0.948 1.112 1.020 0.982 1.0731998 1.844 1.283 1.087 1.011 1.026 0.938 1.0521999 1.225 1.223 1.067 1.098 1.036 1.0972000 1.358 0.944 1.018 1.029 0.9632001 1.404 1.006 1.201 1.1132002 1.394 1.040 1.1432003 1.989 0.9942004 2.144
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.658 1.041 1.103 1.040 1.038 1.033 0.991 1.095 1.031 1.051Vol. Wtd. 1.636 1.040 1.107 1.036 1.044 1.030 0.993 1.090 1.024 1.052xHiLo 1.596 1.013 1.099 1.046 1.039 1.043 0.999 1.088 1.047 1.053
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.755 2.264 2.175 1.971 1.896 1.826 1.768 1.784 1.629 1.580Vol. Wtd. 3.658 2.236 2.150 1.942 1.875 1.796 1.744 1.757 1.611 1.574xHiLo 3.511 2.200 2.171 1.976 1.889 1.818 1.743 1.745 1.604 1.532
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.386 1.058 1.058 1.019 1.064 1.043 0.973 1.098 1.068 1.066Vol. Wtd. 1.388 1.064 1.065 1.015 1.064 1.043 0.972 1.094 1.064 1.066xHiLo 1.394 1.006 1.067 1.011 1.055 1.039 0.969 1.083 1.071 1.070
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.679 2.655 2.510 2.374 2.330 2.189 2.098 2.156 1.963 1.839Vol. Wtd. 3.619 2.607 2.449 2.301 2.267 2.131 2.043 2.103 1.923 1.808xHiLo 3.263 2.340 2.326 2.179 2.155 2.043 1.966 2.029 1.874 1.749
Development Period
Case Incurred Development Factors Excess of $2 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 32 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.044 1.033 1.076 1.029 1.086 1.038 1.0091985 1.070 1.065 1.061 1.048 1.129 1.005 1.0131986 1.031 1.110 1.008 1.067 0.945 1.027 1.0411987 1.033 1.068 1.043 1.060 1.038 1.019 1.0421988 1.011 1.068 1.145 1.042 0.988 1.044 1.0091989 1.017 1.155 1.067 0.978 1.068 1.0771990 1.030 1.061 1.027 0.974 0.9871991 1.085 1.093 1.010 1.0361992 1.078 1.015 0.9781993 1.012 1.0721994 1.0221995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.045 1.079 1.046 1.015 1.022 1.057 1.019 1.057 1.044 1.025 1.009Vol. Wtd. 1.045 1.079 1.044 1.010 1.022 1.057 1.020 1.057 1.043 1.025 1.009xHiLo 1.043 1.075 1.035 1.019 1.019 1.057 1.025 1.036 1.041 1.025 1.009
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.504 1.439 1.333 1.275 1.257 1.229 1.163 1.141 1.079 1.034 1.009Vol. Wtd. 1.496 1.432 1.327 1.271 1.257 1.230 1.163 1.140 1.078 1.034 1.009xHiLo 1.455 1.395 1.297 1.254 1.231 1.208 1.142 1.114 1.076 1.034 1.009
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.064 1.103 1.080 1.021 1.019 1.055 1.023 1.079 1.086 1.025 1.009Vol. Wtd. 1.059 1.100 1.072 1.018 1.020 1.054 1.025 1.079 1.086 1.025 1.009xHiLo 1.078 1.093 1.067 1.042 1.008 1.061 1.048 1.036 1.041 1.025 1.009
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.725 1.621 1.469 1.361 1.333 1.308 1.240 1.212 1.123 1.034 1.009Vol. Wtd. 1.696 1.601 1.456 1.358 1.334 1.308 1.242 1.211 1.123 1.034 1.009xHiLo 1.635 1.518 1.388 1.301 1.249 1.238 1.167 1.114 1.076 1.034 1.009
Development Period
Case Incurred Development Factors Excess of $2 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 33 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0061990 1.076 1.1031991 0.900 0.955 1.0621992 0.982 1.199 0.984 1.0641993 1.053 0.967 1.080 1.069 1.0691994 1.102 1.035 1.016 1.163 1.100 1.0341995 1.102 1.038 1.066 0.944 1.083 0.882 0.9991996 1.117 0.901 1.030 1.015 0.850 1.084 1.0431997 1.079 1.087 0.944 1.152 0.999 0.940 1.0611998 1.967 1.350 1.092 0.989 1.028 0.913 1.0311999 1.110 1.269 1.072 1.122 1.054 1.1092000 1.301 0.884 0.968 0.992 0.9282001 1.345 0.887 1.290 1.1852002 1.391 1.012 1.0742003 2.116 0.9562004 2.357
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.702 1.002 1.099 1.046 1.039 1.020 0.956 1.094 1.015 1.045Vol. Wtd. 1.647 1.001 1.097 1.036 1.056 1.017 0.958 1.089 1.006 1.047xHiLo 1.617 0.952 1.080 1.034 1.037 1.027 0.966 1.082 1.032 1.053
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.047 1.790 1.787 1.626 1.554 1.496 1.466 1.534 1.402 1.380Vol. Wtd. 2.910 1.767 1.766 1.609 1.554 1.472 1.447 1.510 1.387 1.378xHiLo 2.778 1.718 1.805 1.672 1.617 1.559 1.518 1.571 1.452 1.407
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.345 1.014 1.044 1.018 1.070 1.027 0.936 1.109 1.051 1.065Vol. Wtd. 1.353 1.020 1.059 1.008 1.076 1.026 0.938 1.102 1.045 1.065xHiLo 1.345 0.887 1.072 0.989 1.030 1.015 0.944 1.083 1.069 1.064
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.996 2.227 2.197 2.104 2.066 1.931 1.881 2.008 1.812 1.724Vol. Wtd. 2.971 2.196 2.153 2.032 2.016 1.874 1.826 1.947 1.768 1.691xHiLo 2.409 1.792 2.019 1.883 1.904 1.849 1.822 1.931 1.783 1.668
Development Period
Case Incurred Development Factors Excess of $3 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 34 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.031 1.039 1.084 1.027 1.091 1.044 0.9981985 1.097 1.078 1.051 1.037 1.115 0.960 0.9751986 1.029 1.206 0.994 1.071 0.914 0.982 1.0651987 1.019 1.095 1.029 1.045 1.035 1.016 1.0271988 0.992 1.111 1.131 1.016 0.960 1.007 0.9631989 1.037 1.189 1.075 0.951 1.035 1.0671990 1.023 1.059 1.028 0.951 0.9631991 1.111 1.080 0.986 1.0471992 1.112 0.976 0.9391993 0.992 1.0781994 0.9921995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.046 1.077 1.032 0.999 0.999 1.046 1.003 1.038 1.038 1.009 0.998Vol. Wtd. 1.045 1.076 1.032 0.992 0.999 1.046 1.007 1.041 1.034 1.011 0.998xHiLo 1.042 1.072 1.030 0.999 0.997 1.051 1.005 1.027 1.065 1.011 0.998
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.321 1.263 1.173 1.137 1.138 1.139 1.088 1.085 1.046 1.007 0.998Vol. Wtd. 1.316 1.260 1.171 1.135 1.144 1.145 1.095 1.087 1.043 1.009 0.998xHiLo 1.336 1.282 1.196 1.161 1.162 1.166 1.109 1.103 1.074 1.009 0.998
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.082 1.110 1.078 0.999 1.000 1.052 1.012 1.071 1.091 1.009 0.998Vol. Wtd. 1.072 1.104 1.069 0.995 1.002 1.050 1.019 1.070 1.091 1.011 0.998xHiLo 1.111 1.080 1.075 1.016 0.994 1.051 1.037 1.027 1.065 1.011 0.998
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.619 1.496 1.349 1.251 1.252 1.253 1.190 1.177 1.099 1.007 0.998Vol. Wtd. 1.588 1.482 1.342 1.256 1.262 1.259 1.199 1.177 1.101 1.009 0.998xHiLo 1.568 1.411 1.306 1.215 1.195 1.203 1.144 1.103 1.074 1.009 0.998
Development Period
Case Incurred Development Factors Excess of $3 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 35 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0131990 1.086 1.1121991 0.839 0.927 1.0711992 0.970 1.310 0.941 1.0721993 1.046 0.943 1.096 1.077 1.0591994 1.088 1.085 0.984 1.183 1.120 1.0341995 1.108 1.059 1.045 0.912 1.083 0.857 0.9751996 1.105 0.887 1.053 1.001 0.786 1.017 1.0811997 1.037 1.085 0.948 1.178 1.000 0.926 1.0651998 1.968 1.453 1.134 0.979 1.016 0.906 0.9951999 0.995 1.204 1.077 1.254 1.079 1.1192000 1.189 0.914 0.937 0.983 0.9002001 1.268 0.769 1.351 1.2682002 1.382 0.989 0.9932003 2.212 0.8832004 2.601
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.730 0.952 1.099 1.086 1.045 1.014 0.921 1.089 1.015 1.042Vol. Wtd. 1.637 0.950 1.087 1.058 1.070 1.012 0.926 1.088 1.001 1.045xHiLo 1.621 0.929 1.068 1.072 1.049 1.015 0.941 1.081 1.033 1.055
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.771 1.602 1.683 1.532 1.410 1.349 1.330 1.445 1.327 1.307Vol. Wtd. 2.542 1.553 1.635 1.504 1.421 1.329 1.313 1.419 1.304 1.303xHiLo 2.672 1.649 1.775 1.662 1.550 1.477 1.455 1.547 1.431 1.385
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.280 0.962 1.050 1.060 1.082 1.015 0.894 1.120 1.046 1.067Vol. Wtd. 1.298 0.968 1.076 1.031 1.089 1.016 0.898 1.112 1.037 1.067xHiLo 1.268 0.914 1.077 0.979 1.053 1.001 0.912 1.096 1.077 1.071
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.763 2.159 2.245 2.138 2.017 1.864 1.836 2.054 1.833 1.752Vol. Wtd. 2.732 2.104 2.174 2.021 1.962 1.801 1.773 1.976 1.777 1.713xHiLo 2.425 1.912 2.093 1.943 1.985 1.886 1.884 2.066 1.886 1.750
Development Period
Case Incurred Development Factors Excess of $4 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 36 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.032 1.047 1.082 1.037 1.098 1.065 1.0001985 1.114 1.084 1.057 1.048 1.117 0.926 0.9291986 1.039 1.328 1.007 1.082 0.901 0.953 1.1061987 1.001 1.079 1.019 1.043 1.025 1.006 1.0121988 0.967 1.183 1.119 0.994 0.946 0.989 0.9321989 1.055 1.225 1.079 0.927 1.000 1.0871990 1.027 1.071 1.029 0.943 0.9321991 1.166 1.063 0.960 1.0461992 1.130 0.952 0.9061993 0.970 1.0741994 0.9781995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.054 1.077 1.019 0.986 0.986 1.048 0.994 1.030 1.043 0.997 1.000Vol. Wtd. 1.050 1.076 1.022 0.978 0.981 1.048 1.001 1.037 1.032 1.003 1.000xHiLo 1.045 1.069 1.023 0.985 0.984 1.055 0.995 1.025 1.098 1.003 1.000
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.254 1.190 1.105 1.084 1.100 1.116 1.065 1.071 1.040 0.997 1.000Vol. Wtd. 1.247 1.188 1.103 1.080 1.104 1.125 1.074 1.073 1.035 1.003 1.000xHiLo 1.313 1.256 1.175 1.148 1.165 1.184 1.123 1.128 1.100 1.003 1.000
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.108 1.120 1.076 0.980 0.999 1.055 1.010 1.077 1.098 0.997 1.000Vol. Wtd. 1.090 1.113 1.067 0.977 1.000 1.050 1.021 1.076 1.098 1.003 1.000xHiLo 1.130 1.071 1.079 0.994 1.007 1.057 1.048 1.025 1.098 1.003 1.000
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.641 1.482 1.323 1.230 1.255 1.256 1.191 1.179 1.094 0.997 1.000Vol. Wtd. 1.606 1.473 1.324 1.241 1.270 1.269 1.209 1.184 1.100 1.003 1.000xHiLo 1.634 1.446 1.350 1.251 1.258 1.249 1.182 1.128 1.100 1.003 1.000
Development Period
Case Incurred Development Factors Excess of $4 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 37 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0191990 1.108 1.1121991 0.795 0.926 1.0621992 0.950 1.491 0.903 1.0731993 1.034 0.934 1.129 1.055 1.0501994 1.072 1.128 0.966 1.153 1.158 1.0291995 1.095 1.035 1.032 0.891 1.099 0.823 0.9441996 1.045 0.906 1.034 1.004 0.745 0.993 1.0871997 0.967 1.111 0.953 1.193 0.992 0.907 1.0791998 1.967 1.611 1.108 0.981 1.050 0.933 0.9621999 0.930 1.073 1.119 1.303 1.092 1.1702000 1.113 0.990 0.897 0.906 0.8412001 1.195 0.666 1.369 1.3972002 1.354 0.995 1.0092003 2.458 0.8682004 2.749
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.774 0.918 1.100 1.108 1.042 1.026 0.894 1.090 1.005 1.031Vol. Wtd. 1.634 0.922 1.082 1.063 1.084 1.020 0.901 1.097 0.984 1.035xHiLo 1.669 0.951 1.079 1.079 1.058 1.009 0.920 1.102 1.015 1.047
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.695 1.519 1.654 1.504 1.357 1.303 1.269 1.420 1.302 1.295Vol. Wtd. 2.405 1.472 1.596 1.476 1.388 1.281 1.256 1.395 1.271 1.292xHiLo 2.815 1.686 1.774 1.644 1.524 1.440 1.426 1.550 1.406 1.386
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.221 0.910 1.041 1.079 1.092 1.009 0.867 1.127 1.038 1.061Vol. Wtd. 1.247 0.913 1.068 1.035 1.107 1.008 0.872 1.124 1.023 1.060xHiLo 1.195 0.990 1.108 0.981 1.050 1.004 0.891 1.129 1.055 1.062
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.596 2.127 2.337 2.245 2.081 1.905 1.887 2.176 1.931 1.859Vol. Wtd. 2.564 2.056 2.251 2.108 2.036 1.839 1.824 2.091 1.861 1.820xHiLo 2.776 2.323 2.346 2.117 2.158 2.056 2.047 2.297 2.034 1.928
Development Period
Case Incurred Development Factors Excess of $5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 38 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.013 1.050 1.077 1.042 1.117 1.070 1.0091985 1.103 1.079 1.082 1.074 1.126 0.913 0.9031986 1.088 1.509 1.010 1.087 0.884 0.984 1.1041987 0.982 1.056 1.005 1.061 1.026 0.986 1.0141988 0.924 1.253 1.107 0.990 0.943 0.966 0.9381989 1.088 1.246 1.093 0.927 0.950 1.1061990 1.030 1.078 1.037 0.921 0.9161991 1.198 1.065 0.943 1.0471992 1.165 0.922 0.9011993 0.950 1.0741994 0.9681995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.062 1.077 1.016 0.978 0.976 1.053 0.992 1.042 1.045 0.986 1.009Vol. Wtd. 1.055 1.077 1.022 0.968 0.970 1.053 1.001 1.047 1.034 0.995 1.009xHiLo 1.054 1.072 1.024 0.974 0.968 1.065 1.000 1.028 1.104 0.995 1.009
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.256 1.182 1.098 1.080 1.105 1.132 1.074 1.083 1.040 0.995 1.009Vol. Wtd. 1.248 1.183 1.098 1.075 1.110 1.144 1.087 1.086 1.038 1.004 1.009xHiLo 1.324 1.256 1.172 1.144 1.174 1.213 1.139 1.140 1.109 1.004 1.009
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.131 1.130 1.079 0.974 1.005 1.065 1.011 1.084 1.117 0.986 1.009Vol. Wtd. 1.106 1.120 1.071 0.972 1.009 1.059 1.026 1.082 1.117 0.995 1.009xHiLo 1.165 1.078 1.093 0.990 1.010 1.082 1.074 1.028 1.104 0.995 1.009
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.752 1.549 1.371 1.271 1.304 1.298 1.219 1.206 1.112 0.995 1.009Vol. Wtd. 1.716 1.551 1.385 1.293 1.330 1.319 1.246 1.214 1.122 1.004 1.009xHiLo 1.817 1.560 1.447 1.324 1.337 1.325 1.224 1.140 1.109 1.004 1.009
Development Period
Case Incurred Development Factors Excess of $5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 39 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0431990 1.166 1.1391991 0.685 0.885 1.0951992 0.904 2.325 0.726 1.0761993 0.996 0.974 1.191 1.082 0.9561994 1.017 1.084 0.995 1.264 1.131 1.0921995 1.039 1.070 1.103 0.787 1.207 0.737 0.8731996 0.996 0.957 0.996 1.008 0.691 0.904 1.0661997 0.913 1.082 0.985 1.101 1.057 0.833 1.0661998 1.419 2.574 1.009 1.116 1.101 1.007 0.9031999 0.815 0.871 1.024 1.849 0.956 1.3852000 1.064 1.162 0.908 0.982 0.5932001 0.864 0.419 1.599 1.7752002 1.074 1.044 1.0382003 2.646 0.9682004 3.364
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.802 0.893 1.116 1.341 0.949 1.112 0.842 1.126 0.948 1.018Vol. Wtd. 1.520 0.941 1.033 1.138 1.032 1.082 0.834 1.134 0.925 1.009xHiLo 1.595 0.961 1.024 1.292 1.018 1.056 0.841 1.155 0.962 1.041
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.690 1.493 1.672 1.498 1.117 1.176 1.058 1.256 1.115 1.176Vol. Wtd. 1.846 1.214 1.290 1.249 1.097 1.063 0.983 1.178 1.038 1.123xHiLo 2.655 1.665 1.733 1.693 1.310 1.287 1.219 1.449 1.255 1.305
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.001 0.817 0.980 1.317 1.066 1.056 0.824 1.221 0.980 1.042Vol. Wtd. 1.020 0.829 0.993 1.118 1.077 1.061 0.807 1.211 0.968 1.023xHiLo 1.064 0.871 1.009 1.116 1.101 1.057 0.787 1.207 1.082 1.076
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.091 2.089 2.556 2.607 1.980 1.858 1.759 2.134 1.748 1.784Vol. Wtd. 1.757 1.723 2.079 2.094 1.874 1.740 1.640 2.033 1.678 1.734xHiLo 2.315 2.176 2.497 2.474 2.217 2.015 1.907 2.423 2.007 1.854
Development Period
Case Incurred Development Factors Excess of $7.5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 40 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.023 1.049 1.051 1.079 1.100 1.071 0.9601985 1.064 1.073 1.105 1.111 1.115 0.845 0.8501986 1.599 2.736 0.997 1.270 0.773 1.133 1.1361987 0.989 1.012 0.951 1.191 1.010 1.008 1.0101988 0.866 1.378 1.052 0.963 0.897 0.991 0.9671989 1.104 1.270 1.125 0.882 0.845 1.1871990 1.033 1.095 1.057 0.821 0.8391991 1.285 1.110 0.921 0.9961992 1.178 0.821 0.8641993 0.958 1.0871994 0.9621995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.084 1.077 1.004 0.923 0.954 1.113 0.982 1.084 1.027 0.960 0.960Vol. Wtd. 1.063 1.085 1.024 0.906 0.949 1.085 1.009 1.068 0.998 0.977 0.960xHiLo 1.058 1.097 1.010 0.932 0.913 1.101 1.009 1.097 1.100 0.977 0.960
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.155 1.066 0.990 0.986 1.069 1.121 1.007 1.026 0.946 0.922 0.960Vol. Wtd. 1.112 1.046 0.964 0.941 1.039 1.095 1.010 1.000 0.937 0.938 0.960xHiLo 1.253 1.184 1.079 1.069 1.147 1.256 1.141 1.132 1.032 0.938 0.960
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.166 1.158 1.078 0.932 1.028 1.128 0.978 1.097 1.100 0.960 0.960Vol. Wtd. 1.122 1.144 1.076 0.930 1.061 1.077 1.022 1.096 1.100 0.977 0.960xHiLo 1.178 1.110 1.057 0.951 0.997 1.105 1.051 1.097 1.100 0.977 0.960
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.712 1.468 1.268 1.176 1.262 1.227 1.088 1.112 1.014 0.922 0.960Vol. Wtd. 1.695 1.511 1.321 1.228 1.321 1.244 1.156 1.131 1.032 0.938 0.960xHiLo 1.723 1.462 1.317 1.246 1.310 1.314 1.189 1.132 1.032 0.938 0.960
Development Period
Case Incurred Development Factors Excess of $7.5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 41 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.1051990 1.162 1.2311991 0.486 0.715 1.5631992 1.036 4.824 0.603 1.1271993 0.981 1.012 1.231 1.187 0.9721994 1.022 1.047 1.026 1.245 1.038 1.3041995 1.069 1.292 1.342 0.763 1.346 0.650 0.7831996 0.983 0.997 1.014 1.011 0.605 0.802 0.9551997 1.001 1.005 1.018 1.022 1.117 0.781 0.9501998 1.141 2.977 1.021 1.019 1.091 1.074 0.8501999 0.199 2.925 1.783 3.747 0.562 1.3632000 1.000 1.625 0.895 0.987 0.2152001 1.000 1.000 1.000 3.3532002 1.247 1.199 1.0062003 2.197 0.9792004
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.361 1.546 1.141 2.025 0.781 1.182 0.805 1.115 0.886 1.150Vol. Wtd. 1.725 1.094 1.021 1.103 0.978 1.142 0.788 1.120 0.879 1.072xHiLo 1.124 1.275 1.009 1.797 0.866 1.178 0.798 1.142 0.881 1.134
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.827 2.812 1.819 1.594 0.787 1.008 0.853 1.060 0.951 1.073Vol. Wtd. 1.801 1.044 0.954 0.934 0.847 0.867 0.759 0.963 0.860 0.978xHiLo 2.163 1.925 1.510 1.497 0.833 0.962 0.816 1.023 0.896 1.017
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.082 1.850 1.233 1.928 1.042 1.157 0.798 1.274 0.942 1.221Vol. Wtd. 1.180 1.626 1.029 1.086 1.038 1.152 0.769 1.274 0.959 1.096xHiLo 1.000 1.625 1.021 1.019 1.022 1.117 0.763 1.245 1.038 1.127
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 8.421 7.779 4.204 3.410 1.769 1.697 1.467 1.838 1.443 1.531Vol. Wtd. 3.644 3.087 1.899 1.846 1.699 1.637 1.421 1.849 1.452 1.515xHiLo 2.585 2.585 1.590 1.558 1.529 1.496 1.339 1.754 1.409 1.357
Development Period
Case Incurred Development Factors Excess of $10 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 42 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.191 1.047 1.031 1.131 1.066 1.116 0.8871985 1.110 1.064 1.127 1.154 1.042 0.904 0.7631986 2.473 0.905 1.253 0.697 0.779 1.6321987 1.059 1.010 0.938 1.165 1.012 1.050 0.9911988 0.753 1.433 1.000 0.862 0.695 1.051 1.0271989 1.179 1.252 1.234 0.905 0.711 1.1941990 1.012 1.052 1.044 0.783 0.7821991 1.286 1.228 0.949 1.0251992 1.055 0.527 0.8331993 0.933 1.0861994 0.9921995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.056 1.029 1.012 0.903 0.852 1.128 0.992 0.986 1.201 0.940 0.887Vol. Wtd. 1.022 1.049 1.044 0.886 0.889 1.082 1.049 1.036 1.019 0.973 0.887xHiLo 1.020 1.122 0.998 0.902 0.799 1.124 1.036 1.016 1.066 0.973 0.887
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 0.933 0.884 0.859 0.849 0.940 1.104 0.979 0.987 1.001 0.834 0.887Vol. Wtd. 0.912 0.893 0.851 0.815 0.920 1.035 0.957 0.912 0.880 0.863 0.887xHiLo 0.897 0.879 0.783 0.785 0.871 1.089 0.969 0.935 0.920 0.863 0.887
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.118 1.177 1.093 0.902 0.922 1.131 0.961 1.087 1.066 0.940 0.887Vol. Wtd. 1.070 1.135 1.085 0.913 1.028 1.059 1.053 1.089 1.066 0.973 0.887xHiLo 1.055 1.228 1.044 0.905 0.905 1.127 1.031 1.016 1.066 0.973 0.887
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.254 1.122 0.953 0.872 0.967 1.049 0.928 0.966 0.889 0.834 0.887Vol. Wtd. 1.381 1.291 1.138 1.049 1.150 1.118 1.055 1.002 0.920 0.863 0.887xHiLo 1.205 1.142 0.930 0.891 0.984 1.087 0.965 0.935 0.920 0.863 0.887
Development Period
Case Incurred Development Factors Excess of $10 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 43 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989199019911992199319941995 1.079 1.032 1.070 1.000 1.077 0.963 1.0491996 1.092 0.958 1.120 1.066 0.996 1.100 1.0671997 1.136 1.107 0.982 1.098 1.048 1.051 1.0661998 1.628 1.242 1.068 1.072 1.082 1.016 1.0501999 1.353 1.187 1.108 1.118 1.042 1.1182000 1.328 1.016 1.099 1.080 1.0482001 1.445 1.092 1.163 1.0812002 1.386 1.060 1.1512003 1.744 1.0242004 1.841
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.549 1.076 1.118 1.067 1.078 1.064 1.024 1.081 1.015 1.049Vol. Wtd. 1.547 1.073 1.119 1.067 1.076 1.063 1.027 1.079 1.010 1.049xHiLo 1.525 1.058 1.119 1.078 1.076 1.061 1.025 1.077 1.010 1.049
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 2.684 1.733 1.612 1.442 1.352 1.254 1.178 1.151 1.064 1.049Vol. Wtd. 2.660 1.719 1.603 1.432 1.343 1.248 1.174 1.143 1.059 1.049xHiLo 2.600 1.705 1.611 1.439 1.335 1.241 1.169 1.141 1.059 1.049
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.386 1.098 1.092 1.058 1.100 1.061 0.998 1.077 1.015 1.049Vol. Wtd. 1.390 1.102 1.091 1.059 1.097 1.061 0.998 1.077 1.010 1.049xHiLo 1.386 1.092 1.099 1.072 1.098 1.066 0.998 1.077 1.010 1.049
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 2.348 1.694 1.542 1.413 1.336 1.214 1.144 1.146 1.064 1.049Vol. Wtd. 2.342 1.686 1.530 1.403 1.325 1.208 1.139 1.141 1.059 1.049xHiLo 2.379 1.717 1.572 1.430 1.333 1.214 1.139 1.141 1.059 1.049
Case Incurred Development Factors Excess of $1 MillionCase incurred loss trended at 3% per year from accident year to 2006
Development Period
Page 44 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 619841985198619871988198919901991199219931994199519961997199819992000 1.342 1.051 1.149 1.138 1.0892001 1.429 1.121 1.184 1.0892002 1.384 1.086 1.1602003 1.632 1.0572004 1.746
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6
Average 1.507 1.079 1.164 1.113 1.089Vol. Wtd. 1.507 1.079 1.166 1.110 1.089xHiLo 1.482 1.071 1.160 1.110 1.089
Cumulative 1 to 6 2 to 6 3 to 6 4 to 6 5 to 6
Average 2.294 1.523 1.412 1.212 1.089Vol. Wtd. 2.290 1.519 1.408 1.208 1.089xHiLo 2.224 1.501 1.401 1.208 1.089
Case Incurred Development Factors Excess of $700 ThousandCase incurred loss trended at 3% per year from accident year to 2006
Development Period
Page 45 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0481990 1.043 1.0501991 1.067 1.063 1.0671992 1.048 0.943 1.069 1.0321993 1.119 1.061 1.082 1.139 1.0891994 1.100 1.018 1.158 1.106 1.151 1.0711995 1.119 1.000 1.065 1.024 1.036 1.000 1.0801996 1.059 1.000 1.155 1.045 1.043 1.111 1.1131997 1.289 1.069 1.015 0.955 1.111 1.155 1.1461998 1.537 1.175 1.156 1.065 1.061 1.019 1.1041999 1.585 1.058 1.096 1.113 0.978 1.1492000 1.359 1.136 1.030 1.072 0.9862001 1.500 1.185 1.073 1.0292002 1.283 1.125 1.2222003 1.650 0.9702004 1.709
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.500 1.095 1.115 1.059 1.027 1.078 1.097 1.096 1.094 1.068Vol. Wtd. 1.507 1.088 1.119 1.059 1.023 1.075 1.093 1.095 1.091 1.068xHiLo 1.503 1.106 1.108 1.056 1.008 1.074 1.101 1.100 1.107 1.073
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 5.834 3.889 3.552 3.185 3.008 2.929 2.717 2.477 2.260 2.065Vol. Wtd. 5.753 3.816 3.509 3.135 2.961 2.894 2.691 2.461 2.247 2.059xHiLo 5.754 3.829 3.461 3.123 2.959 2.934 2.733 2.483 2.258 2.040
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.381 1.126 1.094 1.064 1.057 1.074 1.075 1.075 1.120 1.063Vol. Wtd. 1.379 1.129 1.097 1.068 1.054 1.072 1.067 1.072 1.117 1.063xHiLo 1.359 1.136 1.096 1.065 1.061 1.065 1.043 1.082 1.139 1.067
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 5.188 3.757 3.336 3.050 2.865 2.711 2.525 2.349 2.186 1.952Vol. Wtd. 5.102 3.699 3.276 2.987 2.798 2.655 2.475 2.320 2.165 1.938xHiLo 5.120 3.767 3.317 3.027 2.842 2.678 2.515 2.411 2.228 1.956
Development Period
Claim Count Development Factors Excess of $2 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 46 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.062 1.078 1.085 1.008 1.070 1.058 1.0341985 1.111 1.018 1.081 1.075 1.112 1.101 1.0511986 1.054 0.993 1.043 1.062 0.961 1.067 1.0571987 1.091 1.133 1.042 1.067 1.050 1.030 1.0691988 1.071 1.044 1.136 1.072 1.028 1.103 1.0491989 1.031 1.094 1.046 1.038 1.151 1.0841990 1.022 1.050 1.034 1.053 1.0751991 1.107 1.089 1.015 1.0581992 1.042 1.130 1.0801993 1.112 1.0641994 1.0331995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.063 1.085 1.062 1.052 1.073 1.076 1.040 1.064 1.076 1.055 1.034Vol. Wtd. 1.062 1.083 1.062 1.053 1.073 1.077 1.037 1.066 1.076 1.054 1.034xHiLo 1.061 1.082 1.053 1.051 1.062 1.076 1.051 1.068 1.070 1.054 1.034
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.933 1.818 1.675 1.577 1.499 1.397 1.299 1.249 1.173 1.091 1.034Vol. Wtd. 1.929 1.816 1.676 1.578 1.499 1.397 1.297 1.251 1.173 1.090 1.034xHiLo 1.901 1.792 1.656 1.572 1.496 1.409 1.310 1.246 1.166 1.090 1.034
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.057 1.078 1.072 1.050 1.046 1.064 1.040 1.060 1.070 1.055 1.034Vol. Wtd. 1.055 1.077 1.072 1.051 1.045 1.063 1.034 1.063 1.070 1.054 1.034xHiLo 1.042 1.089 1.046 1.042 1.043 1.062 1.075 1.068 1.070 1.054 1.034
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.837 1.738 1.613 1.504 1.432 1.369 1.287 1.237 1.167 1.091 1.034Vol. Wtd. 1.823 1.728 1.604 1.497 1.424 1.363 1.282 1.240 1.166 1.090 1.034xHiLo 1.832 1.759 1.616 1.545 1.483 1.422 1.340 1.246 1.166 1.090 1.034
Development Period
Claim Count Development Factors Excess of $2 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 47 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0311990 1.086 1.0161991 1.083 1.019 1.0741992 0.955 1.000 1.156 1.0001993 1.114 1.000 1.100 1.068 1.0641994 1.100 0.939 1.063 1.059 1.083 1.0771995 1.098 0.956 1.136 1.040 1.058 0.927 1.0781996 1.071 1.000 0.971 1.091 0.972 1.171 0.9761997 1.233 1.108 0.929 1.077 0.952 1.000 1.1461998 1.905 1.150 1.042 1.059 1.037 0.964 1.0931999 1.500 1.289 1.000 0.939 1.065 1.0822000 1.500 0.931 1.074 1.000 1.0692001 1.538 1.150 1.196 1.0362002 1.448 1.091 1.2292003 2.042 1.1842004 1.920
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.690 1.129 1.108 0.993 1.044 1.045 1.033 1.107 1.042 1.059Vol. Wtd. 1.689 1.140 1.110 0.996 1.045 1.040 1.038 1.104 1.036 1.058xHiLo 1.653 1.142 1.104 0.992 1.057 1.046 1.034 1.102 1.042 1.072
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 5.294 3.133 2.775 2.504 2.523 2.417 2.313 2.238 2.022 1.941Vol. Wtd. 5.274 3.124 2.740 2.468 2.479 2.373 2.282 2.199 1.992 1.922xHiLo 5.302 3.208 2.810 2.546 2.567 2.428 2.323 2.246 2.038 1.956
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.496 1.124 1.039 0.975 1.028 1.060 1.025 1.072 1.102 1.046Vol. Wtd. 1.493 1.140 1.032 0.979 1.031 1.059 1.025 1.071 1.104 1.046xHiLo 1.500 1.150 1.042 0.939 1.037 1.091 1.040 1.059 1.083 1.064
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 4.616 3.086 2.747 2.645 2.712 2.637 2.488 2.428 2.264 2.054Vol. Wtd. 4.606 3.085 2.705 2.621 2.677 2.596 2.451 2.391 2.231 2.021xHiLo 4.307 2.871 2.497 2.397 2.553 2.462 2.257 2.170 2.049 1.892
Development Period
Claim Count Development Factors Excess of $3 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 48 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.075 0.947 1.107 0.984 1.148 0.971 1.0291985 1.000 1.000 1.132 1.017 1.164 1.113 1.1271986 1.050 0.984 0.969 1.081 1.000 0.985 1.0001987 1.074 1.034 1.048 1.061 1.071 1.080 1.0621988 1.074 0.879 1.208 1.078 1.043 1.000 1.1111989 0.970 1.106 1.068 1.000 1.179 1.0431990 1.014 1.042 1.027 0.961 1.0681991 1.000 1.121 1.046 1.0591992 1.019 1.113 1.0851993 1.020 1.0591994 1.0241995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.015 1.088 1.087 1.029 1.064 1.066 1.063 1.049 1.087 1.049 1.029Vol. Wtd. 1.015 1.087 1.080 1.026 1.069 1.060 1.064 1.048 1.086 1.054 1.029xHiLo 1.018 1.093 1.066 1.035 1.058 1.065 1.068 1.023 1.113 1.054 1.029
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.833 1.805 1.659 1.526 1.483 1.394 1.308 1.231 1.174 1.080 1.029Vol. Wtd. 1.818 1.791 1.648 1.526 1.487 1.392 1.313 1.234 1.178 1.085 1.029xHiLo 1.825 1.793 1.641 1.539 1.486 1.405 1.319 1.235 1.207 1.085 1.029
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.011 1.090 1.101 1.042 1.024 1.095 1.041 1.074 1.148 1.049 1.029Vol. Wtd. 1.011 1.087 1.090 1.039 1.025 1.092 1.038 1.073 1.148 1.054 1.029xHiLo 1.014 1.106 1.068 1.048 1.043 1.081 1.017 1.023 1.113 1.054 1.029
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.964 1.942 1.782 1.619 1.554 1.517 1.386 1.331 1.239 1.080 1.029Vol. Wtd. 1.933 1.911 1.758 1.613 1.552 1.514 1.387 1.336 1.245 1.085 1.029xHiLo 1.778 1.753 1.585 1.483 1.416 1.357 1.256 1.235 1.207 1.085 1.029
Development Period
Claim Count Development Factors Excess of $3 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 49 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 0.9331990 1.000 1.0731991 1.138 1.061 1.0291992 1.034 1.000 1.031 1.1211993 1.083 1.038 1.000 1.111 1.0671994 1.100 0.909 1.050 1.238 1.077 1.0361995 1.240 0.968 1.065 1.000 1.061 0.943 1.0301996 1.188 0.842 1.000 1.053 1.000 1.100 1.0451997 1.273 1.036 0.933 1.107 1.032 1.000 1.0301998 1.786 1.120 1.100 0.971 1.000 0.879 1.1031999 1.333 1.500 1.100 1.000 0.970 1.0312000 1.467 0.783 0.944 1.000 1.0002001 1.400 1.048 1.364 1.1002002 1.381 1.067 1.1252003 1.824 0.9682004 2.333
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.681 1.073 1.127 1.001 1.015 1.012 1.031 1.086 1.042 1.056Vol. Wtd. 1.638 1.056 1.129 1.000 1.015 1.007 1.030 1.075 1.035 1.057xHiLo 1.563 1.027 1.108 0.990 1.000 1.039 1.017 1.064 1.051 1.044
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.139 1.867 1.740 1.545 1.544 1.520 1.502 1.458 1.342 1.289Vol. Wtd. 2.931 1.790 1.695 1.501 1.501 1.479 1.469 1.426 1.327 1.282xHiLo 2.520 1.612 1.569 1.416 1.430 1.430 1.377 1.354 1.273 1.211
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.416 1.110 1.048 0.968 1.036 1.050 1.017 1.100 1.073 1.072Vol. Wtd. 1.412 1.094 1.064 0.969 1.038 1.049 1.014 1.086 1.071 1.071xHiLo 1.400 1.048 1.100 0.971 1.000 1.053 1.000 1.061 1.077 1.067
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.797 1.976 1.780 1.698 1.754 1.694 1.613 1.587 1.443 1.345Vol. Wtd. 2.702 1.914 1.750 1.645 1.697 1.636 1.559 1.538 1.415 1.322xHiLo 2.204 1.574 1.503 1.366 1.408 1.408 1.337 1.337 1.261 1.171
Development Period
Claim Count Development Factors Excess of $4 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 50 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.088 1.027 1.075 1.047 1.000 0.956 0.9771985 1.167 1.114 0.976 0.976 1.100 0.977 1.0231986 0.935 1.069 0.939 1.065 0.970 0.969 1.0321987 1.208 1.138 1.029 1.028 1.054 1.077 1.0481988 1.133 0.971 1.171 0.976 1.000 1.050 0.9291989 1.000 1.209 1.019 0.981 1.115 1.0001990 1.000 1.043 1.000 1.000 1.0201991 1.000 1.056 1.000 1.0531992 1.027 1.026 0.9231993 1.094 1.0571994 1.0341995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.031 1.078 1.023 1.008 1.021 1.029 1.005 1.041 1.003 0.989 0.977Vol. Wtd. 1.028 1.080 1.019 1.005 1.029 1.024 1.005 1.045 1.000 0.989 0.977xHiLo 1.021 1.052 1.006 1.003 1.016 1.035 1.007 1.047 1.000 0.989 0.977
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.220 1.183 1.097 1.073 1.065 1.044 1.014 1.009 0.969 0.966 0.977Vol. Wtd. 1.213 1.181 1.093 1.073 1.068 1.038 1.014 1.009 0.966 0.966 0.977xHiLo 1.160 1.136 1.081 1.074 1.070 1.053 1.018 1.011 0.966 0.966 0.977
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.009 1.102 1.064 0.995 0.989 1.032 1.007 1.073 1.000 0.989 0.977Vol. Wtd. 1.008 1.103 1.051 0.992 0.991 1.027 1.009 1.072 1.000 0.989 0.977xHiLo 1.000 1.056 1.019 0.981 1.000 1.054 0.976 1.047 1.000 0.989 0.977
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.254 1.243 1.128 1.060 1.065 1.077 1.044 1.037 0.966 0.966 0.977Vol. Wtd. 1.234 1.224 1.109 1.055 1.063 1.073 1.045 1.035 0.966 0.966 0.977xHiLo 1.098 1.098 1.040 1.020 1.040 1.040 0.986 1.011 0.966 0.966 0.977
Development Period
Claim Count Development Factors Excess of $4 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 51 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0381990 1.040 1.2691991 1.000 0.857 1.2221992 0.885 1.000 1.083 1.0771993 1.118 0.947 1.000 1.056 1.1581994 1.083 1.077 1.000 1.071 1.133 1.1181995 1.125 1.167 1.095 0.913 1.000 1.000 1.0481996 1.167 0.857 1.071 0.933 0.929 1.000 1.0001997 1.333 0.950 0.950 1.158 0.909 1.048 0.9551998 2.250 1.167 1.286 0.893 0.960 0.833 1.1001999 1.100 1.455 1.063 1.294 1.136 1.0002000 1.111 0.800 1.250 1.100 1.0912001 1.500 0.867 1.231 1.1252002 1.500 0.905 0.9472003 1.667 0.8002004 2.500
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.656 0.965 1.155 1.072 1.083 0.954 0.998 1.005 1.054 1.124Vol. Wtd. 1.623 0.935 1.143 1.044 1.077 0.953 1.000 1.000 1.055 1.119xHiLo 1.556 0.857 1.181 1.058 1.100 0.947 0.992 1.000 1.046 1.117
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.144 1.899 1.967 1.703 1.588 1.466 1.536 1.539 1.532 1.452Vol. Wtd. 2.769 1.706 1.825 1.597 1.530 1.420 1.490 1.490 1.490 1.412xHiLo 2.556 1.643 1.917 1.623 1.533 1.395 1.472 1.484 1.484 1.418
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.370 1.040 1.199 1.046 1.063 0.979 0.947 1.024 1.091 1.152Vol. Wtd. 1.394 1.028 1.200 1.015 1.052 0.983 0.941 1.019 1.088 1.143xHiLo 1.500 0.867 1.250 0.950 1.071 0.933 0.929 1.000 1.083 1.158
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 3.217 2.348 2.256 1.881 1.799 1.692 1.728 1.825 1.782 1.634Vol. Wtd. 2.939 2.109 2.052 1.710 1.684 1.601 1.629 1.731 1.699 1.562xHiLo 2.500 1.666 1.923 1.538 1.619 1.511 1.619 1.744 1.744 1.610
Development Period
Claim Count Development Factors Excess of $5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 52 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 1.136 1.000 1.115 1.034 1.033 1.129 0.9711985 1.087 1.160 0.966 1.000 1.071 0.967 0.9661986 1.000 1.095 1.000 1.040 0.962 0.880 1.1821987 1.000 1.211 1.083 0.962 1.040 1.000 1.0381988 0.952 1.150 1.174 1.037 0.964 0.963 0.9231989 0.963 1.185 1.063 0.912 1.065 1.0911990 1.000 1.056 0.974 1.081 0.9501991 1.091 1.042 0.960 1.0831992 1.107 1.000 0.9031993 0.955 1.0951994 1.0531995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.041 1.076 1.015 1.039 0.988 1.020 1.000 1.006 1.061 1.047 0.971Vol. Wtd. 1.039 1.072 1.007 1.034 0.987 1.022 1.000 1.009 1.049 1.050 0.971xHiLo 1.048 1.064 0.999 1.067 0.975 1.015 0.987 1.036 1.033 1.050 0.971
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.292 1.241 1.154 1.137 1.094 1.107 1.086 1.086 1.079 1.017 0.971Vol. Wtd. 1.262 1.215 1.133 1.126 1.088 1.103 1.080 1.080 1.070 1.020 0.971xHiLo 1.269 1.211 1.138 1.139 1.068 1.095 1.078 1.092 1.054 1.020 0.971
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.066 1.094 1.070 1.011 0.975 1.015 1.026 1.053 1.033 1.047 0.971Vol. Wtd. 1.058 1.092 1.054 1.000 0.975 1.013 1.025 1.053 1.033 1.050 0.971xHiLo 1.091 1.056 1.063 1.037 0.964 1.040 1.000 1.036 1.033 1.050 0.971
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.418 1.330 1.216 1.136 1.124 1.153 1.135 1.107 1.051 1.017 0.971Vol. Wtd. 1.367 1.292 1.183 1.122 1.122 1.152 1.137 1.109 1.054 1.020 0.971xHiLo 1.390 1.274 1.207 1.136 1.096 1.136 1.092 1.092 1.054 1.020 0.971
Development Period
Claim Count Development Factors Excess of $5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 53 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0001990 1.071 1.1331991 0.846 1.000 0.9091992 0.889 1.000 1.000 1.2221993 1.100 1.000 1.000 1.000 1.0001994 0.800 1.250 1.000 1.000 1.200 1.0001995 1.000 0.900 0.778 0.857 1.167 0.857 1.0001996 1.000 1.000 1.000 1.000 0.750 1.667 1.2001997 0.778 1.286 0.889 1.625 0.846 1.000 1.2731998 2.000 2.500 1.400 0.857 1.167 0.857 1.3331999 1.000 1.000 1.143 1.000 1.125 1.2222000 1.000 1.000 0.750 0.667 1.0002001 1.000 0.250 4.000 1.5002002 1.600 1.000 1.2502003 6.000 0.8332004 2.500
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 2.420 0.817 1.709 0.983 1.183 0.941 0.988 1.221 1.051 1.026Vol. Wtd. 1.688 0.862 1.280 0.968 1.250 0.929 1.000 1.167 1.027 1.023xHiLo 1.700 0.944 1.264 0.915 1.097 0.901 0.952 1.146 1.067 1.000
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 7.114 2.940 3.599 2.107 2.144 1.812 1.926 1.949 1.596 1.518Vol. Wtd. 3.728 2.209 2.563 2.002 2.069 1.655 1.782 1.782 1.528 1.487xHiLo 3.051 1.795 1.900 1.503 1.642 1.497 1.661 1.744 1.521 1.426
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.200 0.750 1.098 0.915 1.264 0.875 0.869 1.056 1.067 1.044Vol. Wtd. 1.231 0.800 1.125 0.917 1.333 0.846 0.875 1.045 1.040 1.032xHiLo 1.000 1.000 1.143 0.889 1.167 0.846 0.857 1.000 1.000 1.000
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 2.296 1.914 2.551 2.325 2.540 2.009 2.297 2.643 2.504 2.348Vol. Wtd. 2.384 1.937 2.421 2.152 2.348 1.761 2.081 2.378 2.275 2.187xHiLo 2.028 2.028 2.028 1.774 1.996 1.711 2.022 2.359 2.359 2.359
Development Period
Claim Count Development Factors Excess of $7.5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 54 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 0.923 1.250 1.000 1.000 1.067 1.000 1.1251985 1.000 1.200 1.000 1.083 1.154 0.867 1.0001986 1.250 1.600 1.100 1.091 0.833 1.000 1.1001987 1.000 1.100 1.083 0.923 1.083 0.923 1.0001988 1.000 1.091 1.083 1.000 1.077 1.000 0.8571989 1.000 1.333 1.000 0.938 1.000 1.0671990 1.059 1.111 1.100 0.909 1.0501991 1.400 1.000 1.000 1.0001992 1.545 0.941 0.8751993 0.909 1.0001994 0.8331995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.149 1.077 1.012 0.986 1.030 1.048 0.939 1.038 1.011 1.000 1.125Vol. Wtd. 1.164 1.070 1.013 0.974 1.028 1.047 0.939 1.040 1.000 1.000 1.125xHiLo 1.123 1.037 1.028 0.979 1.042 1.050 0.927 1.000 1.067 1.000 1.125
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.479 1.287 1.195 1.181 1.198 1.163 1.110 1.181 1.138 1.125 1.125Vol. Wtd. 1.454 1.249 1.167 1.152 1.183 1.151 1.099 1.170 1.125 1.125 1.125xHiLo 1.426 1.270 1.225 1.192 1.217 1.168 1.112 1.200 1.200 1.125 1.125
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.335 1.148 1.061 1.007 1.033 1.058 0.972 1.077 1.067 1.000 1.125Vol. Wtd. 1.289 1.136 1.063 1.000 1.028 1.057 0.974 1.071 1.067 1.000 1.125xHiLo 1.400 1.111 1.083 1.000 1.077 1.083 1.000 1.000 1.067 1.000 1.125
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 2.249 1.685 1.468 1.383 1.374 1.329 1.256 1.292 1.200 1.125 1.125Vol. Wtd. 2.119 1.643 1.446 1.361 1.361 1.324 1.253 1.286 1.200 1.125 1.125xHiLo 2.359 1.685 1.517 1.400 1.400 1.300 1.200 1.200 1.200 1.125 1.125
Development Period
Claim Count Development Factors Excess of $7.5 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 55 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989 1.0001990 1.222 1.0001991 1.000 0.857 1.0001992 1.000 1.500 0.833 1.2001993 0.800 1.000 1.750 1.000 0.8571994 1.000 1.000 1.000 1.500 1.333 0.5001995 1.000 1.000 1.000 0.800 1.000 0.750 1.0001996 1.000 0.333 1.000 1.000 1.000 2.000 1.0001997 0.800 1.250 1.000 1.000 1.000 1.000 1.4001998 2.000 1.500 1.000 1.000 1.667 1.000 0.8001999 1.000 1.000 1.000 3.000 1.000 1.3332000 1.000 1.000 1.000 2.000 0.5002001 1.000 1.000 1.000 2.0002002 1.000 0.667 1.0002003 3.000 1.0002004
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.500 0.933 1.000 1.800 1.033 1.067 0.920 1.530 0.983 0.911Vol. Wtd. 1.500 0.889 1.000 1.364 1.071 1.053 0.889 1.438 0.955 0.920xHiLo 1.000 1.000 1.000 1.667 1.000 1.000 0.933 1.550 0.944 0.952
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 5.242 3.494 3.744 3.744 2.080 2.013 1.887 2.051 1.341 1.363Vol. Wtd. 2.792 1.861 2.094 2.094 1.536 1.433 1.362 1.532 1.066 1.116xHiLo 2.711 2.711 2.711 2.711 1.626 1.626 1.626 1.743 1.124 1.190
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.000 1.000 1.000 1.667 1.222 1.000 0.933 1.417 1.056 1.019Vol. Wtd. 1.000 1.000 1.000 1.222 1.222 1.000 0.875 1.400 1.000 1.000xHiLo 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.500 1.000 1.000
Cumulative 1 to 22 2 to 22 3 to 22 4 to 22 5 to 22 6 to 22 7 to 22 8 to 22 9 to 22 10 to 22
Average 4.988 4.988 4.988 4.988 2.993 2.449 2.449 2.624 1.852 1.755Vol. Wtd. 3.186 3.186 3.186 3.186 2.607 2.133 2.133 2.438 1.741 1.741xHiLo 2.338 2.338 2.338 2.338 2.338 2.338 2.338 2.338 1.558 1.558
Development Period
Claim Count Development Factors Excess of $10 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 56 of 58
AccidentYear 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 221984 0.800 1.000 1.125 1.000 1.222 0.909 1.1001985 1.000 1.000 1.000 1.125 1.111 0.700 1.0001986 5.000 1.000 0.800 0.750 0.667 2.0001987 0.857 1.000 0.857 1.333 1.000 0.875 1.0001988 0.800 1.250 1.000 1.200 0.833 1.600 0.7501989 1.000 1.429 1.100 0.818 1.000 1.2221990 1.091 1.083 1.077 0.857 0.8331991 1.167 1.000 0.857 1.0001992 1.000 1.000 0.8331993 0.833 1.4001994 1.0001995199619971998199920002001200220032004
Calendar Years 2000-2005
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.018 1.182 0.973 0.946 1.000 1.124 0.925 0.944 1.307 0.955 1.100Vol. Wtd. 1.032 1.162 1.000 0.907 0.974 1.114 0.944 1.000 1.048 0.944 1.100xHiLo 1.030 1.161 0.978 0.905 0.944 1.074 0.917 1.000 1.222 0.944 1.100
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.496 1.469 1.243 1.276 1.349 1.349 1.199 1.297 1.373 1.050 1.100Vol. Wtd. 1.213 1.176 1.011 1.011 1.115 1.145 1.028 1.088 1.088 1.039 1.100xHiLo 1.250 1.213 1.045 1.068 1.181 1.250 1.164 1.270 1.270 1.039 1.100
Calendar Years 2000-2003
Incremental 11 to 12 12 to 13 13 to 14 14 to 15 15 to 16 16 to 17 17 to 18 18 to 19 19 to 20 20 to 21 21 to 22
Average 1.086 1.171 1.059 0.958 1.056 0.933 1.000 1.056 1.222 0.955 1.100Vol. Wtd. 1.087 1.154 1.071 0.913 1.059 0.952 1.050 1.056 1.222 0.944 1.100xHiLo 1.091 1.083 1.077 0.857 1.000 1.000 1.125 1.000 1.222 0.944 1.100
Cumulative 11 to 22 12 to 22 13 to 22 14 to 22 15 to 22 16 to 22 17 to 22 18 to 22 19 to 22 20 to 22 21 to 22
Average 1.722 1.586 1.355 1.279 1.335 1.264 1.355 1.355 1.283 1.050 1.100Vol. Wtd. 1.741 1.602 1.388 1.296 1.419 1.340 1.407 1.340 1.270 1.039 1.100xHiLo 1.558 1.428 1.319 1.224 1.428 1.428 1.428 1.270 1.270 1.039 1.100
Development Period
Claim Count Development Factors Excess of $10 MillionCase incurred loss trended at 3% per year from accident year to 2006
Page 57 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11198419851986198719881989199019911992199319941995 1.090 1.061 1.124 1.093 1.101 1.066 1.1071996 1.054 1.011 1.168 1.112 1.117 1.123 1.0641997 1.106 1.147 1.104 1.142 1.103 1.170 1.0501998 1.294 1.117 1.058 1.200 1.230 1.168 1.0381999 1.482 1.231 1.158 1.162 1.149 1.1352000 1.295 1.085 1.292 1.220 1.1412001 1.425 1.179 1.194 1.1272002 1.392 1.095 1.1282003 1.351 1.1222004 1.514
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.395 1.142 1.166 1.163 1.166 1.129 1.104 1.091 1.065 1.107Vol. Wtd. 1.395 1.140 1.165 1.162 1.165 1.132 1.099 1.089 1.065 1.107xHiLo 1.389 1.132 1.160 1.163 1.153 1.124 1.105 1.101 1.065 1.107
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 4.041 2.896 2.535 2.175 1.870 1.604 1.421 1.287 1.179 1.107Vol. Wtd. 4.005 2.871 2.519 2.162 1.860 1.597 1.411 1.284 1.179 1.107xHiLo 3.944 2.839 2.508 2.162 1.858 1.612 1.435 1.298 1.179 1.107
Calendar Years 2000-2003
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6 6 to 7 7 to 8 8 to 9 9 to 10 10 to 11
Average 1.370 1.165 1.169 1.156 1.180 1.113 1.105 1.101 1.065 1.107Vol. Wtd. 1.375 1.166 1.169 1.158 1.183 1.113 1.105 1.101 1.065 1.107xHiLo 1.392 1.179 1.158 1.162 1.168 1.112 1.105 1.101 1.065 1.107
Cumulative 1 to 11 2 to 11 3 to 11 4 to 11 5 to 11 6 to 11 7 to 11 8 to 11 9 to 11 10 to 11
Average 4.063 2.965 2.546 2.177 1.884 1.597 1.435 1.298 1.179 1.107Vol. Wtd. 4.100 2.981 2.556 2.187 1.890 1.597 1.435 1.298 1.179 1.107xHiLo 4.116 2.958 2.509 2.166 1.864 1.596 1.435 1.298 1.179 1.107
Claim Count Development Factors Excess of $1 MillionCase incurred loss trended at 3% per year from accident year to 2006
Development Period
Page 58 of 58
AccidentYear 1 to 2 2 to 3 3 to 4 4 to 5 5 to 619841985198619871988198919901991199219931994199519961997199819992000 1.418 1.247 1.288 1.294 1.1682001 1.367 1.276 1.297 1.1292002 1.399 1.237 1.2232003 1.357 1.2042004 1.517
Calendar Years 2000-2005
Incremental 1 to 2 2 to 3 3 to 4 4 to 5 5 to 6
Average 1.412 1.241 1.269 1.211 1.168Vol. Wtd. 1.409 1.240 1.267 1.202 1.168xHiLo 1.395 1.242 1.288 1.202 1.168
Cumulative 1 to 6 2 to 6 3 to 6 4 to 6 5 to 6
Average 3.146 2.229 1.796 1.415 1.168Vol. Wtd. 3.107 2.205 1.779 1.404 1.168xHiLo 3.131 2.245 1.808 1.404 1.168
Claim Count Development Factors Excess of $700 ThousandCase incurred loss trended at 3% per year from accident year to 2006
Development Period
