Diagnostic Triangles

Given

• Rept claims
• Paid claims
• Rept #

• Paid #

• Counts

  • Triangle 1: Closed to Reported Counts
• Ratios
  • Triangle 2: Paid Claims / Reported Claims
• Averages
  • Triangle 3: Average Reported Claims
  • Triangle 4: Average Paid Claims
  • Triangle 5: Average Case Outstanding
• Premium related
  • Triangle 6: Reported Claims / Earned Premium
  • Triangle 7: Paid Claims / Earned Premium
  • Triangle 8: Reported Claims / On-Level Earned Premium