CO Case Study

Private Passenger Auto Colorado Development of the Catastrophe Provision Calendar YearTotal Incurred LossesCatastrophe LossesAdjusted Cat Losses1998 510,77637,12037,120473,6560.08 1999 864,989340,884340,884524,1060.65 2000 798,15763,41863,418734,7390.09 2001 1,018,81389,98989,989928,8230.10 2002 686,3102,6952,695683,6150.00 2003 845,40369,22769,227776,1760.09 2004 674,40264,04964,049610,3540.10 2005 735,8931,3621,362734,5310.00 2006 1,322,84935,68635,6861,287,1630.03 2007 1,480,996260,525260,5251,220,4710.21 2008 2,309,509569,570569,5701,739,9390.33 2009 2,589,079454,768454,7682,134,3110.21 2010 2,891,768595,063595,0632,296,7050.26 2011 2,657,119624,889624,8892,032,2290.31 2012 1,864,314418,406418,4061,445,9080.29 2013 3,362,8051,788,9231,788,9231,573,8821.14 2014 1,406,86522,29222,2921,384,5730.02 2015 1,943,294544,843544,8431,398,4510.39 2016 1,971,200558,872558,8721,412,3290.40 2017 1,447,89121,68421,6841,426,2070.02 2018 1,440,4413563561,440,0850.00 2019 1,727,162273,200273,2001,453,9630.19 2020 3,018,4151,550,5741,550,5741,467,8411.06 2021 1,485,3993,6803,6801,481,7180.00 2022 1,531,18635,59035,5901,495,5960.02 $8,427,667$8,427,667$32,157,369 Selected Catastrophe ProvisionXXX