1. Prior XXX 2. 2003 3. 2004 4. 2005 5. 2006 6. 2007 7. 2008 8. 2009 9. 2010 10. 2011 11. 2012 12. Totals XXX 13 14 15 16 Loss and Allocated Loss 23 Total Net Adjustment Expenses Unpaid Loss and Claim Reserves IBNR Reserves Salvage Expense Paid Number of 17 18 19 20 21 22 and Unallocated (Cols. Claims Unallocated Subrogation Loss Expense 7+8+10+11 Reported Loss Expense Received Payments -9-12+14) (Direct) Direct Assumed Ceded Direct Assumed Ceded Unpaid 1. 2. 2003 3. 2004 4. 2005 5. 2006 6. 2007 7. 2008 8. 2009 9. 2010 10. 2011 11. 2012 12. Total XXXXXX xxxxxxxxx xxxxxxxxx xxxxxxxxx 24 25 Losses and Allocated Loss Expenses Incurred Loss and LAE 32 33 34 Total Net 26 27 28 29 30 31 Loss and Net Loss & LAE LAE Per Net Unpaid Number $1000 of Reserves (Cols. of Direct Basis Net Basis Coverage Discount After 17+18+20 Claims Assumed ([Cols. ([Cols. ([Cols. For Time Discount +21-19 Outstanding Direct (Cols. (Cols. (Cols. 14+23+26]/ 14+23+29]/ 29+14+23]/ Value of (Cols. -22+23) (Direct) 7+10+17+20) 8+11+18+21) 9+12+19+22) Net Col 2) [Cols. 6–4]) 1) Money 24-33) 1. Prior XXX 2. 2003 3. 2004 4. 2005 5. 2006 6. 2007 7. 2008 8. 2009 9. 2010 10. 2011 11. 2012 12. Totals XXX XXX XXX xxxxxxxx xxxxxxxxx G:\DATA\Stat National Meetings\A. National Meeting - 12-33 Title Reserves.doc
1. Prior 2. 2003 3. 2004 4. 2005 5. 2006 6. 2007 7. 2008 8. 2009 9. 2010 10. 2011 11. 2012 XXX 12. Totals XXX 13 Salvage and Subrogation Received 14 Unallocated Loss Expense Payments 15 Total Net Loss and Expense Paid (Cols. 7+8+10+11 -9-12+14) 16 Number of Claims Reported (Direct) Loss and Allocated Loss Adjustment Expenses Unpaid 23 Claim Reserves IBNR Reserves 17 Direct 18 Assumed 19 Ceded 20 Direct 21 Assumed 22 Ceded Unallocated Loss Expense Unpaid 1. 2. 2003 3. 2004 4. 2005 5. 2006 6. 2007 7. 2008 8. 2009 9. 2010 10. 2011 11. 2012 12. Total XXXXXX xxxxxxxxx xxxxxxxxx xxxxxxxxx 24 25 Losses and Allocated Loss Expenses Incurred Loss and LAE 32 33 34 Total Net Loss and LAE Unpaid (Cols. 17+18+20 +21-19 -22+23) Number of Claims Outstanding (Direct) 26 Direct (Cols. 7+10+17+20) 27 Assumed (Cols. 8+11+18+21) 28 (Cols. 9+12+19+22) 29 Net 30 Direct Basis ([Cols. 14+23+26]/ Col 2) 31 Net Basis ([Cols. 14+23+29]/ [Cols. 6–4]) Net Loss & LAE Per $1000 of Coverage ([Cols. 29+14+23]/ 1) Discount For Time Value of Money Net Reserves After Discount (Cols. 24-33) 1. Prior 2. 2003 3. 2004 4. 2005 5. 2006 6. 2007 7. 2008 8. 2009 9. 2010 10. 2011 11. 2012 XXX 12. Totals XXX XXX XXX xxxxxxxx xxxxxxxxx G:\DATA\Stat National Meetings\A. National Meeting - 12-33 Title Reserves.doc
committees_e_app_sapwg_exposures_agenda_12-33.docx