April 29th, 2010

Chart: United States Property Casualty Initial Accident Year Loss Ratios & Subsequent Development

Posted at 9:00 AM ET


Source: Guy Carpenter; Highline Data

Data presenting the ratio of IBNR Reserves to Initial Accident Year Reserves. The trend follows the underwriting cycle. In a soft market, IBNR is not as generous. In a harder market, where premiums are higher and more dollar per unit of risk is being earned, IBNR is more generous.

AddThis Feed Button
Bookmark and Share

Related Posts