Calculate IRIS ratios 5-8 and state (y/n) whether each is within its usual range.
current score:
0.000
Ratio
Value 1
In Range? (y/n)
IRIS 5
IRIS 6
IRIS 7
IRIS 8
1 If your answer is 88.1% then enter either:
88.1%
88.1 (omit percent sign)
Do not enter in the format 0.881.
☛IRIS 5:2-year Operating Ratio ☛IRIS 6:Investment Yield ☹IRIS 7,8:IRIS 7 & 8 are worth fewer points here because they're easier and not asked as often.
Item
CY
CY - 1
NWP (Net Written Premium)
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NEP (Net Earned Premium)
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NII (Net Investment Income)
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TOI (Total Other Income)
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L (Net Losses & LAE Incurred)
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Div (Dividends to Policyholders)
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X (Other U/W Expenses)
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Cash (Cash & Invested Assets)
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InvInc (Inv. Income Due & Accrued)
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B (Borrowed Money)
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Surplus
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Surplus Paid In
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IRIS 5
= LR + ER – IIR (Loss Ratio + Expense Ratio – Investment Income Ratio) thx MH!