County Mutual Benchmarks

 

2009
Average
2010
Average
2011
Average
2012
Average
2013
Average
Net Losses to Net Premiums 53.532% 57.116% 54.087% 40.191% 43.475%
Operating Expense to Net Premium 49.803% 49.299% 50.719% 51.826% 52.040%
Operating Expense to Gross Premium 39.663% 39.379% 39.466% 39.775% 38.634%
Operating Expense to Gross Risk in Force 0.148% 0.146% 0.147% 0.233% 0.241%
Surplus Change From Prior Year 11.811% 6.791% 1.553% 8.762% 8.539%
Gross Losses to Gross Premiums 68.727% 76.622% 111.552% 47.362% 42.124%
Gross Premiums to Gross Risk In Force 0.373% 0.371% 0.372% 0.435% 0.456%
Reinsurance Cost to Gross Premiums 20.109% 19.873% 21.667% 23.274% 25.876%
Agg Reinsurance Attachment to Surplus 30.641% 30.020% 47.650% 31.489% 31.445%
Per Occurrence Attachment to Surplus 6.028% 6.848% 5.922% 6.349% 4.949%
Surplus to Statutory Minimum Surplus 890.736% 951.868% 853.839% 906.771% 936.751%
Operating Expense to Policy Count $323.12 $341.06 $363.13 $370.51 $400.97

 

State Mutual Benchmarks

 

2009
Average
2010
Average
2011
Average
2012
Average
2013
Average
Net Losses to Net Premiums 48.209% 53.866% 64.529% 41.381% 49.692%
Operating Expense to Net Premium 43.878% 43.793% 47.720% 45.875% 41.474%
Operating Expense to Direct Premium 36.810% 36.442% 39.871% 35.344% 32.662%
Operating Expense to Gross Risk in Force 0.358% 0.372% 0.385% 0.128% 0.111%
Surplus Change From Prior Year 7.001% 5.814% -0.998% 9.375% 9.394%
Direct Losses to Direct Premiums 51.404% 57.192% 98.058% 43.543% 46.956%
Direct Premiums to Gross Risk in Force 0.577% 0.582% 0.570% 0.366% 0.339%
Reinsurance Cost to Direct Premiums 15.376% 16.120% 17.022% 20.418% 21.247%
Surplus to Statutory Minimum 796.624% 812.088% 928.724% 1015.360% 988.105%

 

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