Supplementary Information on Loss and ALAE Development (Tables)

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Cumulative Incurred Loss and ALAE Development (Tables)

The following table presents cumulative incurred losses and ALAE, net of reinsurance, for years ended December 31:

Accident
Year		2010 (1)		2011 (1)		2012 (1)		2013 (1)		2014 (1)		2015 (1)		2016 (1)		2017		2018		2019
	2010		21,418,368		20,437,443		19,883,812		19,326,007		18,639,537		18,075,737		17,641,161		16,828,688		16,822,859		16,721,160
	2011				18,120,563		17,900,250		17,605,460		17,014,895		17,879,595		18,224,634		19,187,240		19,094,732		19,156,281
	2012						18,511,598		19,532,022		18,895,666		18,344,175		18,050,131		17,914,837		18,235,335		18,355,031
	2013								19,570,946		20,118,343		20,323,841		21,742,580		22,798,398		22,397,394		22,859,132
	2014										16,884,731		15,394,995		14,930,960		17,640,211		18,034,749		17,898,306
	2015												20,452,199		20,840,034		22,471,512		21,707,615		23,006,844
	2016														21,646,663		22,908,016		24,126,775		25,677,378
	2017																21,914,736		23,453,130		23,876,588
	2018																		19,048,233		18,099,500
	2019																				17,349,941

(1) The information for the years 2010 through 2016 is presented as unaudited required supplementary information.

Cumulative Paid Loss and ALAE Development (Tables)

The following table presents cumulative paid losses and ALAE, net of reinsurance, for years ended December 31:

Accident
Year		2010 (1)		2011 (1)		2012 (1)		2013 (1)		2014 (1)		2015 (1)		2016 (1)		2017		2018		2019
	2010		7,535,122		10,695,223		12,955,467		14,756,510		15,330,864		16,283,050		16,778,214		16,720,942		16,721,059		16,721,159
	2011				4,719,943		8,608,287		11,212,490		14,251,525		16,115,802		17,422,583		19,027,232		19,087,866		19,133,302
	2012						6,719,982		11,673,621		13,411,125		15,369,629		16,734,967		17,265,513		17,638,646		18,001,581
	2013								7,594,731		10,656,777		14,319,057		19,067,334		21,415,490		21,875,978		22,364,215
	2014										3,826,263		6,082,893		9,173,947		14,556,687		16,843,128		17,487,722
	2015												6,263,796		11,151,955		14,978,639		17,700,688		20,148,880
	2016														7,435,120		12,009,273		15,916,432		21,438,785
	2017																6,405,641		11,503,228		15,289,400
	2018																		4,959,689		9,254,754
	2019																				4,292,275

(1) The information for the years 2010 through 2016 is presented as unaudited required supplementary information.

Average Annual Percentage Payout of Incurred Cliams (Tables)

The following table presents average annual percentage payout of incurred claims by age, net of reinsurance, as of December 31, 2019:

Years	1		2		3		4		5		6		7		8		9		10
	30.4	%	20.8	%	17.0	%	16.7	%	8.9	%	3.1	%	2.1	%	0.5	%	0.4	%	0.4	%