County Mutual Benchmarks

 

2010
Average
2011
Average
2012
Average
2013
Average
2014
Average
Net Losses to Net Premiums 57.116% 54.087% 40.191% 43.475% 62.453%
Operating Expense to Net Premium 49.299% 50.719% 51.826% 52.040% 51.543%
Operating Expense to Gross Premium 39.379% 39.466% 39.775% 38.634% 37.218%
Operating Expense to Gross Risk in Force 0.146% 0.147% 0.233% 0.241% 0.245%
Surplus Change From Prior Year 6.791% 1.553% 8.762% 8.539% 0.083%
Gross Losses to Gross Premiums 76.622% 111.552% 47.362% 42.124% 58.122%
Gross Premiums to Gross Risk In Force 0.371% 0.372% 0.435% 0.456% 0.467%
Reinsurance Cost to Gross Premiums 19.873% 21.667% 23.274% 25.876% 27.623%
Agg Reinsurance Attachment to Surplus 30.020% 47.650% 31.489% 31.445% 32.631%
Per Occurrence Attachment to Surplus 6.848% 5.922% 6.349% 4.949% 6.455%
Surplus to Statutory Minimum Surplus 951.868% 853.839% 906.771% 936.751% 904.298%
Operating Expense to Policy Count $341.06 $363.13 $370.51 $400.97 $415.17

 

State Mutual Benchmarks

 

2010
Average
2011
Average
2012
Average
2013
Average
2014
Average
Net Losses to Net Premiums 53.866% 64.529% 41.381% 49.692% 49.900%
Operating Expense to Net Premium 43.793% 47.720% 45.875% 41.474% 44.594%
Operating Expense to Direct Premium 36.442% 39.871% 35.344% 32.662% 31.609%
Operating Expense to Gross Risk in Force 0.372% 0.385% 0.128% 0.111% 0.123%
Surplus Change From Prior Year 5.814% -0.998% 9.375% 9.394% 9.303%
Direct Losses to Direct Premiums 57.192% 98.058% 43.543% 46.956% 79.055%
Direct Premiums to Gross Risk in Force 0.582% 0.570% 0.366% 0.339% 0.389%
Reinsurance Cost to Direct Premiums 16.120% 17.022% 20.418% 21.247% 29.117%
Surplus to Statutory Minimum 812.088% 928.724% 1015.360% 988.105% 1165.805%

 

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