County Mutual Benchmarks

 

2011
Average
2012
Average
2013
Average
2014
Average
2015
Average
Net Losses to Net Premiums 54.087% 40.191% 43.475% 62.453% 44.210%
Operating Expense to Net Premium 50.719% 51.826% 52.040% 51.543% 51.654%
Operating Expense to Gross Premium 39.466% 39.775% 38.634% 37.218% 37.031%
Operating Expense to Gross Risk in Force 0.147% 0.233% 0.241% 0.245% 0.232%
Surplus Change From Prior Year 1.553% 8.762% 8.539% 0.083% 3.209%
Gross Losses to Gross Premiums 111.552% 47.362% 42.124% 58.122% 42.310%
Gross Premiums to Gross Risk In Force 0.372% 0.435% 0.456% 0.467% 0.470%
Reinsurance Cost to Gross Premiums 21.667% 23.274% 25.876% 27.623% 28.322%
Agg Reinsurance Attachment to Surplus 47.650% 31.489% 31.445% 32.631% 31.636%
Per Occurrence Attachment to Surplus 5.922% 6.349% 4.949% 6.455% 5.846%
Surplus to Statutory Minimum Surplus 853.839% 906.771% 936.751% 904.298% 875.263%
Operating Expense to Policy Count $363.13 $370.51 $400.97 $415.17 $431.18

 

State Mutual Benchmarks

 

2011
Average
2012
Average
2013
Average
2014
Average
2015
Average
Net Losses to Net Premiums 64.529% 41.381% 49.692% 49.900% 41.369%
Operating Expense to Net Premium 47.720% 45.875% 41.474% 44.594% 40.642%
Operating Expense to Direct Premium 39.871% 35.344% 32.662% 31.609% 31.973%
Operating Expense to Gross Risk in Force 0.385% 0.128% 0.111% 0.123% 0.128%
Surplus Change From Prior Year -0.998% 9.375% 9.394% 9.303% 9.024%
Direct Losses to Direct Premiums 98.058% 43.543% 46.956% 79.055% 41.026%
Direct Premiums to Gross Risk in Force 0.570% 0.366% 0.339% 0.389% 0.399%
Reinsurance Cost to Direct Premiums 17.022% 20.418% 21.247% 29.117% 21.331%
Surplus to Statutory Minimum 928.724% 1015.360% 988.105% 1165.805% 1157.850%

 

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