Calculate IRIS ratios 11-13 and state **(y/n)** whether each is within its usual range.

0.000

Ratio | Value ^{1} |
In Range? (y/n) |

IRIS 11 | ||

IRIS 12 | ||

IRIS 13 |

- -5.1%
- -5.1 (omit percent sign)

⚡

⚡

⚡

Item | CY | CY - 1 | CY - 2 |

NEP | ---- | ---- | ---- |

reserves | ---- | ---- | ---- |

Surplus | ---- | ---- | ---- |

1-year reserve devlpt | ---- | ---- | ---- |

2-year reserve devlpt | ---- | ---- | ---- |

= (1-year reserve development) / (surplus_{CY-1})

= (2-year reserve development) / (surplus_{CY-2})

= deficiency / surplus_{current}

where

deficiency

= required **–** reserves_{current}

required

= NEP_{current} x average [ (reserves-to-premium ratio)_{CY-1}, (reserves-to-premium ratio)_{CY-2} ]

(reserves-to-premium ratio)_{CY-1}

= [ reserves_{CY-1} + (1-year reserve devlpt) ] / NEP_{CY-1}

(reserves-to-premium ratio)_{CY-2}

= [ reserves_{CY-2} + (2-year reserve devlpt) ] / NEP_{CY-2}

IRIS 11

< 20%

IRIS 12

< 20%

IRIS 13

< 25%

Ratio | Value | In Range? |

IRIS 11 | ||

IRIS 12 | ||

IRIS 13 |

deficiency | 0 |

required | 0 |

R-to-P_{CY-1} |
0 |

R-to-P_{CY-2} |
0 |