Key Elements for all CLSP Exhibits |
The exhibit provides a summary of premiums, claims, losses and loss ratios by coverage/policy form for the latest five accident years. Umbrella, Tenants’ Legal Liability, CGL and Professional Liability are some of the coverages included in the exhibit. | Snapshot | |
Table of Contents |
The exhibit provides a summary of premiums, claims, losses and loss ratios by Major Class of business for the latest five accident years. Construction, Government, Warehousing, Farming and Health Services are five of the 19 classes. | Snapshot | |
Table of Contents |
The industry code exhibits allow the user to “drill down” into a Major Class to perform an enhanced analysis. For example, the Major Class Farming includes industry codes 0150-Poultry Farms and 0160-Beef Cattle Farms plus 17 others. | Snapshot | |
Table of Contents |
There are many situations where the primary operations of a business occur away from the insured premises. For example, construction projects are generally not at the same location as the office. Experience by coverage and claim location is exhibited. | Snapshot | |
Table of Contents |
The exhibit presents the distribution of expenses by kind of loss relative to paid losses for the latest five accident years. Expense types include Legal Expenses, Expert Fees, Adjuster Expenses and Investigation Expenses. All expenses and losses are on an undeveloped basis. | Snapshot | |
Table of Contents |
Premium, claim counts and loss, expense and reserve amounts are available by accident year, coverage and kind of loss. The exhibit will assist in the calculation of loss development factors, payment patterns, IBNR estimates and trends. | Snapshot | |
Table of Contents |
Large Loss by Policy Form within Major Class - LIAB 2001 | Snapshot | ||
Large Loss by Industry Code – LIAB 2101 | Table of Content | ||
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Policy Limit – LIAB 3001 | |||
Table of Contents | |||
Size of Loss by Kind of Loss– LIAB 5001 | Snapshot | ||
Size of Loss by Coverage – LIAB 5002 | Table of Contents | ||