Analysis of Bodily Injury Claims

Analysis of Bodily Injury Claims (5/9) Average Ratio of Outstanding Losses to Incurred Losses 6 Months 2007 to 2011 96.9% Since 2012 97.2% 12 Months 88.4% 88.7% 18 Months 80.2% 81.0% 24 Months 73.3% 36 Months 65.1% 73.0% 63.3% Source: IBC table with data from GISA. Percentages in column 2 are an average of the five-year period. Percentages in column 3 are an average of the applicable development months. IBC BAC ibc.ca 13

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