Posted on 16 Dec 2009
The 2009 edition of the Historical Loss Development Study will be published by the Reinsurance Association of America (RAA) in early January. The study presents historical loss development patterns, by accident year, for companies writing casualty excess reinsurance for AL, GL, Med Mal and Workers Comp, and for companies writing high deductible or umbrella insurance. Historical loss development is also presented separately for treaty vs. facultative business, and separately by range of attachment point.
The study also discusses how loss development patterns have changed over the last few years, suggests possible reasons for those changes, and also discusses how loss development has varied depending on the circumstances and the nature of the business being considered.