1998 Massachusetts Private Passenger Automobile Cash Flows-Property Damage Liability Coverages Premiums, Expenses and Losses
Initial Relative Loss and Expense Weights
| Quarter | (1) Premium |
(2) Premium Taxes |
(3) Commissions |
(4) Other Expenses |
(5) =(2)+(3)=(4) Total Expenses |
(6) Losses |
(7) =(5)+(6) Total Losses and Expenses |
|
|---|---|---|---|---|---|---|---|---|
| 0 | 192.000 | 0.000 | 0.000 | 21.920 | 21.920 | 0.000 | 21.920 | |
| 1 | 391.000 | 23.000 | 134.100 | 32.880 | 189.980 | 69.185 | 259.165 | |
| 2 | 215.000 | 0.000 | 0.000 | 21.920 | 21.920 | 129.235 | 151.155 | |
| 3 | 159.000 | 0.000 | 0.000 | 16.440 | 16.440 | 143.437 | 159.877 | |
| 4 | 42.000 | 0.000 | 0.000 | 16.440 | 16.440 | 162.243 | 178.683 | |
| 5 | 1.000 | 0.000 | 0.000 | 0.000 | 0.000 | 120.651 | 120.651 | |
| 6 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 46.411 | 46.411 | |
| 7 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 20.901 | 20.901 | |
| 8 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 11.755 | 11.755 | |
| 9 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 9.431 | 9.431 | |
| 10 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 6.633 | 6.633 | |
| 11 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 4.032 | 4.032 | |
| 12 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 2.606 | 2.606 | |
| 13 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 2.034 | 2.034 | |
| 14 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 1.676 | 1.676 | |
| 15 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 1.022 | 1.022 | |
| 16 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.804 | 0.804 | |
| 17 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.513 | 0.513 | |
| 18 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.367 | 0.367 | |
| 19 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.073 | 0.073 | |
| 20 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.293 | 0.293 | |
| Total | 1000.000 | 23.000 | 134.100 | 109.600 | 266.700 | 733.301 | 1000.001 | |
| Weights for premiums, commissions, other expenses and losses are chosen to preserve loss to expense ratios in the Commissioner's Decision on 1997 rates. | ||||||||
| Weight for premium tax is | 0.0230 | |||||||
| Weight for commission is | 0.1341 | |||||||
| Weight for other expense is | 0.1096 | |||||||
| Weight for loss is | 0.7333 | |||||||
