County Mutual Benchmarks

 

2008
Average
2009
Average
2010
Average
2011
Average
2012
Average
Net Losses to Net Premiums 53.385% 53.532% 57.116% 54.087% 40.191%
Operating Expense to Net Premium 47.780% 49.803% 49.299% 50.719% 51.826%
Operating Expense to Gross Premium 38.561% 39.663% 39.379% 39.466% 39.775%
Operating Expense to Gross Risk in Force 0.145% 0.148% 0.146% 0.147% 0.233%
Surplus Change From Prior Year -5.328% 11.811% 6.791% 1.553% 8.762%
Gross Losses to Gross Premiums 82.127% 68.727% 76.622% 111.552% 47.362%
Gross Premiums to Gross Risk In Force 0.377% 0.373% 0.371% 0.372% 0.435%
Reinsurance Cost to Gross Premiums 18.979% 20.109% 19.873% 21.667% 23.274%
Agg Reinsurance Attachment to Surplus 33.480% 30.641% 30.020% 47.650% 31.489%
Per Occurrence Attachment to Surplus 7.204% 6.028% 6.848% 5.922% 6.349%
Surplus to Statutory Minimum Surplus 820.094% 890.736% 951.868% 853.839% 906.771%
Operating Expense to Policy Count $305.18 $323.12 $341.06 $363.13 $370.51

 

State Mutual Benchmarks

 

2008
Average
2009
Average
2010
Average
2011
Average
2012
Average
Net Losses to Net Premiums 52.470% 48.209% 53.866% 64.529% 41.381%
Operating Expense to Net Premium 47.296% 43.878% 43.793% 47.720% 45.875%
Operating Expense to Direct Premium 41.596% 36.810% 36.442% 39.871% 35.344%
Operating Expense to Gross Risk in Force 0.593% 0.358% 0.372% 0.385% 0.128%
Surplus Change From Prior Year -7.684% 7.001% 5.814% -0.998% 9.375%
Direct Losses to Direct Premiums 55.147% 51.404% 57.192% 98.058% 43.543%
Direct Premiums to Gross Risk in Force 0.653% 0.577% 0.582% 0.570% 0.366%
Reinsurance Cost to Direct Premiums 11.983% 15.376% 16.120% 17.022% 20.418%
Surplus to Statutory Minimum 829.470% 796.624% 812.088% 928.724% 1015.360%

 

Return to the Company Regulation Bureau Page