Average Cost Per Claim (grossing up factors)

incremental cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 year 0 1 2
2006 442 151 50 2006 442 593 643
2007 623 111 2007 623 734
2008 681 2008 681

cost of setlled claims cost of setlled claims

development year development year
year 0 1 2 year 0 1 2
2006 6321 1901 701 2006 6321 8222 8923
2007 7012 2237 2007 7012 9249
2008 7278 2008 7278

Average Cost per Claim - cumulative

development year
year 0 1 2
2006 14.30 13.87 13.88
2007 11.26 12.60
2008 10.69
 number of claims settled
development year
year 0 1 2 ultimate
2006 68.74% 92.22% 100.00% 643.000
2007 78.28% 92.22% 795.889 no. of claims acpc prod
2008 73.51% 926.420 643.000 13.87714 £8,923.00
795.889 12.61176 £10,037.56
total amount expected to be paid in claims settled 926.420 11.11530 £10,297.44
£29,258.00 ultimate liability £29,258.00
cumulative claim amount already paid out
£25,450.00
o/s claim reserve
£3,808.00 (in thousands)

Average Cost per Claim - cumulative

development year
year 0 1 2 ultimate
2006 103.05% 99.91% 100.00% 13.87714
2007 89.24% 99.91% 12.61176
2008 96.149% 11.11530
Average Cost Per Claim (grossing up factors)

incremental cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 year 0 1 2
2010 87 45 106 2010 87 132 151
2011 117 39 2011 117 156
2012 99 2012 99

cost of setlled claims cost of setlled claims

development year development year
year 0 1 2 year 0 1 2
2010 43290 44140 82170 2010 43290 87430 126310
2011 68900 56390 2011 68900 125290
2012 74250 2012 74250

Average Cost per Claim - cumulative

development year
year 0 1 2
2010 497.59 662.35 836.49
2011 588.89 803.14
2012 750.00
 number of claims settled
development year
year 0 1 2 ultimate
2010 57.62% 87.42% 100.00% 151.000
2011 65.56% 87.42% 178.455 no. of claims acpc
2012 61.59% 160.742 151.000 836.49007
178.455 1014.29913
total amount expected to be paid in claims settled 160.742 1276.12102
£512,442.45 ultimate liability
cumulative claim amount already paid out
£325,850.00 claims paid out till date
o/s claim reserve
£186,592.45 (in thousands) o/s liability (reserve)

Average Cost per Claim - cumulative

development year
year 0 1 2 ultimate
2010 59.49% 79.18% 100.00% 836.49007
2011 58.06% 79.18% 1014.29912666
2012 58.772% 1276.12102
 prod
£126,310.00
£181,006.29
£205,126.16
£512,442.45

£325,850.00

£186,592.45
Average Cost Per Claim (grossing up factors)

incremental cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 year 0 1 2
2011 140 63 21 2011 140 203 224
2012 180 50 2012 180 230
2013 256 2013 256

cost of setlled claims cost of setlled claims

development year development year
year 0 1 2 year 0 1 2
2011 2233 1389 600 2011 2233 3622 4222
2012 3380 1808 2012 3380 5188
2013 4996 2013 4996

Average Cost per Claim - cumulative

development year
year 0 1 2
2011 15.95 17.84 18.85
2012 18.78 22.56
2013 19.52
 number of claims settled
development year
year 0 1 2 ultimate
2011 62.50% 90.63% 100.00% 224.000
2012 70.92% 90.63% 253.793 no. of claims acpc prod
2013 66.71% 383.739 224.000 18.84821 £4,222.00
253.793 23.82813 £6,047.41
total amount expected to be paid in claims settled 383.739 23.88277 £9,164.76
£19,434.17 ultimate liability £19,434.17
cumulative claim amount already paid out
£14,406.00
o/s claim reserve
£5,028.17 (in thousands)

Average Cost per Claim - cumulative

development year
year 0 1 2 ultimate
2011 84.62% 94.66% 100.00% 18.84821
2012 78.81% 94.66% 23.828129
2013 81.714% 23.88277
Average Cost Per Claim (grossing up factors)

incremental cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 year 0 1 2
2011 760 98 37 2011 760 858 895
2012 819 93 2012 819 912
2013 881 2013 881

cost of setlled claims cost of setlled claims

development year development year
year 0 1 2 year 0 1 2
2011 5419 908 239 2011 5419 6327 6566
2012 6234 1088 2012 6234 7322
2013 7719 2013 7719

Average Cost per Claim - cumulative

development year
year 0 1 2
2011 7.13 7.37 7.34
2012 7.61 8.03
2013 8.76
 number of claims settled
development year
year 0 1 2 ultimate
2011 84.92% 95.87% 100.00% 895.000
2012 86.09% 95.87% 951.329 no. of claims acpc prod
2013 85.50% 1030.371 895.000 7.33631 £6,566.00
951.329 7.98734 £7,598.59
total amount expected to be paid in claims settled 1030.371 9.10353 £9,380.02
£23,544.60 ultimate liability £23,544.60
cumulative claim amount already paid out
£21,607.00
o/s claim reserve
£1,937.60 (in thousands)

Average Cost per Claim - cumulative

development year
year 0 1 2 ultimate
2011 97.19% 100.52% 100.00% 7.33631
2012 95.30% 100.52% 7.9873402
2013 96.244% 9.10353
Average Cost Per Claim (grossing up factors)

incremental cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 year 0 1 2
2011 110 85 55 2011 110 195 250
2012 167 113 2012 167 280
2013 285 2013 285

cost of setlled claims cost of setlled claims

development year development year
year 0 1 2 year 0 1 2
2011 288 346 259 2011 288 634 893
2012 465 515 2012 465 980
2013 773 2013 773

Average Cost per Claim - cumulative

development year
year 0 1 2
2011 2.62 3.25 3.57
2012 2.78 3.50
2013 2.71
 number of claims settled
development year
year 0 1 2 ultimate
2011 44.00% 78.00% 100.00% 250.000
2012 46.52% 78.00% 358.974 no. of claims acpc prod
2013 45.26% 629.685 250.000 3.57200 £893.00
358.974 3.84525 £1,380.35
total amount expected to be paid in claims settled 629.685 3.72286 £2,344.23
£4,617.58 ultimate liability £4,617.58
cumulative claim amount already paid out
£2,750.00 (given)
o/s claim reserve
£1,867.58 (in thousands)

Average Cost per Claim - cumulative

development year
year 0 1 2 ultimate
2011 73.30% 91.02% 100.00% 3.57200
2012 72.41% 91.02% 3.8452524
2013 72.855% 3.72286
Average Cost Per Claim (grossing up factors)

incremental cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 3 year 0 1 2
2011 63 5 2 4 2011 63 68 70
2012 65 4 3 2012 65 69 72
2013 71 5 2013 71 76
2014 70 2014 70

cost of setlled claims cost of setlled claims

development year development year
year 0 1 2 3 year 0 1 2
2011 829 88 61 42 2011 829 917 978
2012 926 61 66 2012 926 987 1053
2013 997 101 2013 997 1098
2014 1021 2014 1021

Average Cost per Claim - cumulative

development year
year 0 1 2
2011 13.16 13.49 13.97
2012 14.25 14.30 14.63
2013 14.04 14.45
2014 14.59
e
s settled number of claims settled
ment year development year
3 year 0 1 2 3 ultimate
74 2011 85.14% 91.89% 94.59% 100.00% 74.000
2012 85.40% 90.65% 94.59% 76.114
2013 85.27% 91.27% 83.267
2014 85.27% 82.095

claims total amount expected to be paid in claims settled

ment year £4,578.72
3 cumulative claim amount already paid out
1020 £3,640.00 (given)
o/s claim reserve
£938.72 (in thousands)

m - cumulative ACPC
ment year development year
3 year 0 1 2 3 ultimate
13.78 2011 95.47% 97.83% 101.36% 100.00% 13.784
2012 98.74% 99.14% 101.36% 14.429
2013 95.73% 98.49% 14.669
2014 96.64% 15.093
Average Cost Per Claim (grossing up factors)
input
incremental `------> cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 year 0 1 2
2010 2010 56 74 87
2011 2011 49 65
2012 2012 44
`------>
cost of setlled claims cost of setlled claims
development year development year
year 0 1 2 year 0 1 2
2010 2010 252 375 438
2011 2011 230 343
2012 2012 208

Average Cost per Claim - cumulative

development year
year 0 1 2
2010 4.50 5.07 5.03
2011 4.69 5.28
2012 4.73
 number of claims settled
development year
year 0 1 2 ultimate
2010 64.37% 85.06% 100.00% 87.000
2011 64.12% 85.06% 76.419 no. of claims acpc prod
2012 64.24% 68.489 87.000 5.03448 £438.00
76.419 5.24247 £400.62
total amount expected to be paid in claims settled 68.489 5.28426 £361.91
£1,200.54 ultimate liability £1,200.54
cumulative claim amount already paid out
£989.00 Total Claims Paid 950,000
o/s claim reserve o/s liability £250,536.61
£211.54 (in thousands)

Average Cost per Claim - cumulative

development year
year 0 1 2 ultimate
2010 89.38% 100.66% 100.00% 5.0345
2011 89.54% 100.66% 5.2425
2012 89.460% 5.2843
(thousands)
Average Cost Per Claim (grossing up factors)
INPUT
incremental `------> cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 year 0 1 2
2011 760 98 37 2011 760 858 895
2012 819 93 2012 819 912
2013 881 2013 881
`------>
cost of setlled claims cost of setlled claims
development year development year
year 0 1 2 year 0 1 2
2011 5419 908 239 2011 5419 6327 6566
2012 6234 1088 2012 6234 7322
2013 7719 2013 7719

Average Cost per Claim - cumulative

development year
year 0 1 2
2011 7.13 7.37 7.34
2012 7.61 8.03
2013 8.76
 number of claims settled
development year
year 0 1 2 ultimate
2011 84.92% 95.87% 100.00% 895.000
2012 86.09% 95.87% 951.329 no. of claims acpc prod
2013 85.50% 1030.371 895.000 7.33631 £6,566.00
951.329 7.98734 £7,598.59
total amount expected to be paid in claims settled 1030.371 9.10353 £9,380.02
£23,544.60 ultimate liability £23,544.60
cumulative claim amount already paid out
£21,607.00
o/s claim reserve
£1,937.60 (in thousands)

Average Cost per Claim - cumulative

development year
year 0 1 2 ultimate
2011 97.19% 100.52% 100.00% 7.33631
2012 95.30% 100.52% 7.9873402
2013 96.244% 9.10353
Average Cost Per Claim (grossing up factors)
INPUT
incremental `------> cumulative
number of claims settled number of claims settled
development year development year
year 0 1 2 3 year 0 1 2
2011 63 5 2 4 2011 63 68 70
2012 65 4 3 2012 65 69 72
2013 71 5 2013 71 76
2014 70 2014 70
`------>
cost of setlled claims cost of setlled claims
development year development year
year 0 1 2 3 year 0 1 2
2011 829 88 61 42 2011 829 917 978
2012 926 61 66 2012 926 987 1053
2013 997 101 2013 997 1098
2014 1021 2014 1021

Average Cost per Claim - cumulative

development year
year 0 1 2
2011 13.16 13.49 13.97
2012 14.25 14.30 14.63
2013 14.04 14.45
2014 14.59
e
s settled number of claims settled
ment year development year
3 year 0 1 2 3 ultimate
74 2011 85.14% 91.89% 94.59% 100.00% 74.000
2012 85.40% 90.65% 94.59% 76.114
2013 85.27% 91.27% 83.267
2014 85.27% 82.095

claims total amount expected to be paid in claims settled

ment year £4,578.72
3 cumulative claim amount already paid out
1020 £3,640.00 (given)
o/s claim reserve
£938.72 (in thousands)

m - cumulative ACPC
ment year development year
3 year 0 1 2 3 ultimate
13.78 2011 95.47% 97.83% 101.36% 100.00% 13.784
2012 98.74% 99.14% 101.36% 14.429
2013 95.73% 98.49% 14.669
2014 96.64% 15.093