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Investor Presentaiton

Key Takeaways Stable Assigned Risk Plan IBNR & Bulk Reserves Average Pure Premium Declines SAWW Increase Pandemic Impacts Comments ■ Assigned risk premiums decreased and market share remained constant. ■ The IBNR and Bulk Reserves net increase drove the 3% loss ratio increase in Minnesota. ■ Average pure premiums declines are seen across all industry groups. ■ The SAWW increase is driven by employment mix changes. ■ Pandemic impacts are starting to be visible. MWCIA years 24 14
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