[vc_row][vc_column][vc_column_text]The quantitative results from 1998 to 2001 are as follows.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_column_text]
1998 | 1999 | 2000 | 2001 | |
Number of covered contracts | 19 770 | 21 030 | 23 941 | 25 333 |
Number of covered certificates | 300 884 | 290 534 | 306 447 | 505 004 |
Number of claims pooled | 9 527 | 11 140 | 11 162 | 11 306 |
Credits gained at the central compensation table | 10,1 million$ | 13,2 millions$ | 15,4 millions$ | 17,5 millions$ |
Loss ratio | 98% | 122% | 107% | 82% |
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Much like the previous years results for groups of less than 125 participants, we note that the number of catastrophic claims for year 2000 remains low. While these claims are still concentrated in the range of $ 20,000 to $ 40,000, their number has increased steadily year after year.
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]As the above table shows:
adjustments made to the threshold levels. Up by about 13.6% between 2001 and
2000 and by about 16.7% between 2000 and 1999;
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=”Size of claims”][vc_column_text]
Insured and non insured groups of less than 125 certificates
The following table gives a breakdown of claims exceeding $20,000 from 1997 to 2001.
[/vc_column_text][/vc_column][/vc_row][vc_row content_width=”grid” css=”.vc_custom_1459541893752{padding-right: 10% !important;padding-left: 10% !important;}”][vc_column][vc_column_text]
Size of claim $ | Number of claims 1997 |
Number of claims 1998 |
Number of claims 1999 |
Number of claims 2000 |
Number of claims 2001 |
Between 20 000 and 29 999 | 12 | 39 | 59 | 88 | 98 |
Between 30 000 and 39 999 | 4 | 4 | 10 | 13* | 14 |
Between 40 000 and 49 000 | 0 | 2 | 3 | 5 | 6 |
Between 50 000 and 59 000 | 0 | 1 | 0 | 1 | 2 |
Between 60 000 and 69 000 | 0 | 0 | 0 | 1 | 1 |
Between 70 000 and 79 000 | 0 | 0 | 0 | 0 | 1 |
Total | 16 | 46 | 72 | 108 | 122 |
** Correction (last reported as 23, the result is 13) [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Insured groups of 125 certificates and over
shared among insurers;
pooled among insurers;
amount of $ 68,631 being pooled among insurers.
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