RE: IRIS

Dan Perry ( dperry@unigard.com )
Mon, 12 Apr 1999 07:45:33 -0700

Yes, for the most part we are using end of the year surplus. At the risk of
stating the obvious, there are two ratios (one-year reserve development to
prior year surplus and two-year reserve development to second year prior
surplus) where this is not the case. Otherwise, this is true.

-----Original Message-----
From: Louise Chung [mailto:lchung@allstate.ca]
Sent: Monday, April 12, 1999 6:35 AM
To: robert.campbell@zurich.com; studygroup8@lists.casact.org
Subject: Re: IRIS

To my knowledge, it should be the end-of-year surplus.

-----Original Message-----
From: robert.campbell@zurich.com <robert.campbell@zurich.com>
To: studygroup8@lists.casact.org <studygroup8@lists.casact.org>
Date: Monday, April 12, 1999 9:18 AM
Subject: IRIS

>
>
>Do the IRIS ratios use ending, beginning, or average surplus? I can't seem
to
>find the answer in the syllabus...
>
>
>