Investor Presentaiton
Particulars (Rs. Mn)
:
BAGIC: Loss Triangle Whole Account Excluding
IM TPIP on Net Basis as at 31 March 2022
A] Ultimate Net loss Cost - Original Estimate
B] Outstanding losses & IBNR (end of year 0)
BBAJAJ Allianz
Accident Year Cohort
31-Mar-
12 and
Prior
31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
13
14
15
16
17
18
19
20
21
22
71,135
17,138 24,093 27,962 31,663
35,293 42,579 52,882 62,943 53,030 65,918
11,724
6,721 10,516
12,782 13,818
16,782 23,378 26,764 32,869 30,727 33,196
C] Cumulative Payment as of
one year later 1st Diagonal
two years later - 2nd Diagonal
three years later - 3rd Diagonal
four years later 4th Diagonal
five years later 5th Diagonal
-
62,585 12,799 16,386 18,585 21,930 22,884 26,713 33,054 38,143 28,452
63,946 13,326 17,297 19,435 23,006
64,959
20,110 23,940
13,798 17,936
65,843 14,075 18,471 20,905 24,886
24,316 28,294 34,088 40,678
25,294
28,848 35,799
25,719 29,890
66,515 14,335 19,002 21,570 25,219 26,565
.
six years later 6th Diagonal
67,119
14,706 19,485
21,815
25,898
seven years later - 7th Diagonal
67,869
14,965 19,676 22,308
eight years later - 8th Diagonal
68,456
15,055 20,046
nine years later 9th Diagonal
68,685
15,196
ten years later 10th Diagonal
69,010
.
.
.
1. Ultimate Net loss Cost - Original estimate: is the year end position for the year (For 2012 and prior it is the position as at 2012 end for
all prior year)
2. Outstanding losses & IBNR includes outstanding claims provisions, IBNR / IBNER & ALAE
3. Ultimate Net loss cost (A) - Net Claims provision (B) = Amount of claims paid within the year
4. IMTPIP: Indian Motor Third Party Insurance Pool
54
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