The Continental Corporation
The following is a reconciliation of reserves for losses and loss expenses
reflected in the Combined Schedule P included herein, and the aggregate
property and casualty statutory reserves.
Reconciliation of Reserves for Loss 1993
and Loss Expenses (Millions)
Schedule P - Part 1 - Summary
Net Loss Unpaid $4,954.0
Net Loss Expenses Unpaid 751.1
Total Schedule P Losses and
Loss Expenses Unpaid 5,705.1
Plus: Foriegn Subsidiaries (1) 387.3
----------
Total Net Statutory Reserves of
Continuing Operations $6,092.4
==========
==========
(1) Not required to file Schedule P with insurance requlatory authorities.
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - ANALYSIS OF LOSSES AND LOSS EXPENSES
Notes to Schedule P
(1) The Parts of Schedule P:
Part 1 - detailed information on losses and loss expenses.
Part 2 - history of incurred losses and allocated expenses.
Part 3 - history of loss and allocated expense payments.
Part 4 - history of bulk and incurred-but-not reported reserves.
Schedule P Interrogatories
(2) Lines of business A through M and R are groupings of the lines of
business used on Page 14, the state page.
(3) Reinsurance A, B, C, and D (lines N to Q) are:
Reinsurance A = nonproportional property (1988 and subsequent)
Reinsurance B = nonproportional liability (1988 and subsequent)
Reinsurance C = financial lines (1988 and subsequent)
Reinsurance D = old Schedule O line 30 (1987 and prior)
(4) The Instructions to Schedule P contain directions necessary for
filling out Schedule P.
SCHEDULE P - PART 1 - SUMMARY
(000 omitted)
-----------------------------------------------------------------------
| | Premiums Earned |
| 1 |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 113,728 |
| 2. 1984.....| 3,126,993 | 675,910 | 2,451,083 | 2,465,627 |
| 3. 1985.....| 3,685,789 | 808,413 | 2,877,376 | 2,934,980 |
| 4. 1986.....| 4,673,896 | 1,074,379 | 3,599,517 | 2,489,914 |
| 5. 1987.....| 5,150,610 | 1,100,758 | 4,049,852 | 2,800,589 |
| 6. 1988.....| 5,661,236 | 1,494,084 | 4,167,152 | 3,204,567 |
| 7. 1989.....| 5,523,905 | 1,441,672 | 4,082,233 | 4,200,872 |
| 8. 1990.....| 5,255,258 | 1,427,260 | 3,827,998 | 2,799,192 |
| 9. 1991.....| 4,961,965 | 1,352,090 | 3,609,875 | 2,464,592 |
|10. 1992.....| 5,164,534 | 1,573,011 | 3,591,523 | 2,751,802 |
|11. 1993.....| 5,357,315 | 1,336,721 | 4,020,594 | 1,323,143 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 27,549,006 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
----------------------------------------------------------------------------
| | Loss and Loss Expense Payments
| |--------------------------------------------------------------
| | Loss Payments | Allocated Loss | 9 |
| | | Expense Payments | |
| |----------------|-----------------------------| Salvage |
| | 6 | 7 | 8 | and |
| | | Direct | | Subrogation |
| | Ceded | and Assumed | Ceded | Received |
|-------------|----------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 66,107 | 50,754 | (175)| 1,343 |
| 2. 1984.....| 500,615 | 305,646 | 46,884 | 57,113 |
| 3. 1985.....| 715,077 | 309,968 | 38,836 | 58,862 |
| 4. 1986.....| 480,775 | 289,810 | 34,589 | 57,210 |
| 5. 1987.....| 586,963 | 300,447 | 28,608 | 53,808 |
| 6. 1988.....| 810,407 | 342,648 | 39,478 | 55,859 |
| 7. 1989.....| 1,730,785 | 355,172 | 73,584 | 51,141 |
| 8. 1990.....| 797,951 | 272,505 | 34,451 | 46,025 |
| 9. 1991.....| 621,770 | 222,982 | 23,565 | 38,251 |
|10. 1992.....| 1,225,078 | 185,191 | 28,995 | 26,513 |
|11. 1993.....| 441,359 | 123,836 | 2,315 | 16,043 |
|-------------|----------------|--------------|--------------|--------------|
|12. Totals ..| 7,976,887 | 2,758,959 | 351,130 | 462,168 |
----------------------------------------------------------------------------
-------------|--------------------------------------------
| |Loss and Loss Expense Payment| |
| |-----------------------------| 12 |
| | 10 | 11 | |
| | | | Number of |
| | Unallocated | Total | Claims |
| | Loss | Net Paid | Reported - |
| | Expense | (5 - 6 + 7 | Direct and |
| | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 2,784 | 101,334 | X X X X |
| 2. 1984.....| 43,687 | 2,267,461 | X X X X |
| 3. 1985.....| 45,817 | 2,536,852 | X X X X |
| 4. 1986.....| 44,286 | 2,308,646 | X X X X |
| 5. 1987.....| 49,885 | 2,535,350 | X X X X |
| 6. 1988.....| 58,586 | 2,755,916 | X X X X |
| 7. 1989.....| 69,021 | 2,820,696 | X X X X |
| 8. 1990.....| 64,968 | 2,304,263 | X X X X |
| 9. 1991.....| 58,936 | 2,101,175 | X X X X |
|10. 1992.....| 57,258 | 1,740,178 | X X X X |
|11. 1993.....| 56,425 | 1,059,730 | X X X X |
|-------------|--------------|--------------|--------------|
|12. Total ...| 551,653 | 22,531,601 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 770,828 | 393,415 | 21,601 | 5,231 |
| 2. 1984.....| 104,860 | 44,438 | 12,188 | 4,255 |
| 3. 1985.....| 153,472 | 74,814 | 12,658 | 5,467 |
| 4. 1986.....| 118,455 | 46,015 | 16,513 | 7,388 |
| 5. 1987.....| 168,674 | 60,745 | 42,234 | 18,730 |
| 6. 1988.....| 291,320 | 101,142 | 58,266 | 29,147 |
| 7. 1989.....| 416,511 | 151,632 | 96,394 | 43,604 |
| 8. 1990.....| 519,389 | 187,495 | 161,066 | 65,101 |
| 9. 1991.....| 617,642 | 154,189 | 262,115 | 151,735 |
|10. 1992.....| 975,861 | 358,068 | 612,930 | 326,057 |
|11. 1993.....| 1,015,040 | 166,168 | 1,469,488 | 568,672 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 5,152,052 | 1,738,121 | 2,765,453 | 1,225,387 |
-----------------------------------------------------------------------
-----------------------------------------------------------
| | Allocated Loss Expenses Unpaid
| |---------------------------------------------
| | Case Basis | Bulk + IBNR
| |-----------------------------|---------------
| | 17 | 18 | 19 |
| | Direct | | Direct |
| | and Assumed | Ceded | and Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 0 | 0 | 26,091 |
| 2. 1984.....| 0 | 0 | 7,663 |
| 3. 1985.....| 0 | 0 | 10,069 |
| 4. 1986.....| 0 | 0 | 12,189 |
| 5. 1987.....| 0 | 0 | 21,236 |
| 6. 1988.....| 0 | 0 | 38,967 |
| 7. 1989.....| 0 | 0 | 52,342 |
| 8. 1990.....| 0 | 0 | 81,385 |
| 9. 1991.....| 0 | 0 | 121,057 |
|10. 1992.....| 0 | 0 | 231,352 |
|11. 1993.....| 0 | 0 | 301,146 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 903,497 |
-----------------------------------------------------------
-----------------------------------------------------------------------
| | | | | |
| |-------------| 21 | 22 | 23 |
| | Bulk + IBNR | | | |
| |-------------| Salvage | Unallocated | Total |
| | 20 | and | Loss | Net Losses |
| | | Subrogation | Expenses | and Expenses |
| | Ceded | Anticipated | Unpaid | Unpaid |
| ------------|-------------|-------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 3,851 | 1,030 | 1,103 | 417,126 |
| 2. 1984.....| 1,221 | 612 | 463 | 75,260 |
| 3. 1985.....| 1,648 | 1,201 | 593 | 94,863 |
| 4. 1986.....| 3,068 | 1,924 | 811 | 91,497 |
| 5. 1987.....| 6,559 | 3,491 | 1,148 | 147,258 |
| 6. 1988.....| 10,896 | 7,328 | 2,332 | 249,700 |
| 7. 1989.....| 16,395 | 13,063 | 3,542 | 357,158 |
| 8. 1990.....| 22,157 | 14,644 | 6,050 | 493,137 |
| 9. 1991.....| 24,042 | 19,127 | 12,366 | 683,214 |
|10. 1992.....| 75,122 | 26,311 | 18,037 | 1,078,933 |
|11. 1993.....| 61,589 | 46,164 | 27,696 | 2,016,941 |
|-------------|-------------|-------------|--------------|--------------|
|12. Totals ..| 226,548 | 134,895 | 74,141 | 5,705,087 |
-----------------------------------------------------------------------
--------------------------- -------------------------------------------
| | 24 | Total Losses and |
| | Number of | Loss Expenses Incurred |
| | Claims |------------------------------------------|
| |Outstanding -| 25 | 26 | 27 |
| | Direct | Direct | | |
| | and Assumed | and Assumed | Ceded | Net * |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | | X X X X | X X X X |
| 2. 1984.....| X X X X | 2,940,134 | 597,413 | 2,342,721 |
| 3. 1985.....| X X X X | 3,467,557 | 835,842 | 2,631,715 |
| 4. 1986.....| X X X X | 2,971,978 | 571,835 | 2,400,143 |
| 5. 1987.....| X X X X | 3,384,213 | 701,605 | 2,682,608 |
| 6. 1988.....| X X X X | 3,996,686 | 991,070 | 3,005,616 |
| 7. 1989.....| X X X X | 5,193,854 | 2,016,000 | 3,177,854 |
| 8. 1990.....| X X X X | 3,904,555 | 1,107,155 | 2,797,400 |
| 9. 1991.....| X X X X | 3,759,690 | 975,301 | 2,784,389 |
|10. 1992.....| X X X X | 4,832,431 | 2,013,320 | 2,819,111 |
|11. 1993.....| X X X X | 4,316,812 | 1,240,141 | 3,076,671 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
-----------------------------------------------------------
| | Loss and Loss Expense Percentage |
| | (Incurred/Premiums Earned) |
| |--------------------------------------------|
| | 28 | 29 | 30 |
| | Direct | | |
| | and Assumed | Ceded | Net |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| X X X X | X X X X | X X X X |
| 2. 1984.....| 94.0 | 88.4 | 95.6 |
| 3. 1985.....| 94.1 | 103.4 | 91.5 |
| 4. 1986.....| 63.6 | 53.2 | 66.7 |
| 5. 1987.....| 65.7 | 63.7 | 66.2 |
| 6. 1988.....| 70.6 | 66.3 | 72.1 |
| 7. 1989.....| 94.0 | 139.8 | 77.8 |
| 8. 1990.....| 74.3 | 77.6 | 73.1 |
| 9. 1991.....| 75.8 | 72.1 | 77.1 |
|10. 1992.....| 93.6 | 128.0 | 78.5 |
|11. 1993.....| 80.6 | 92.8 | 76.5 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X |
-----------------------------------------------------------
-----------------------------------------------------------
| | Discount for Time | |
| | Value of Money | 33 |
| |-----------------------------|Inter-Company |
| | 31 | 32 | Pooling |
| | | Loss |Participation |
| | Loss | Expense | Percentage |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 0 | 0 | X X X X |
| 2. 1984.....| 0 | 0 | 100.0 |
| 3. 1985.....| 0 | 0 | 100.0 |
| 4. 1986.....| 0 | 0 | 100.0 |
| 5. 1987.....| 0 | 0 | 100.0 |
| 6. 1988.....| 0 | 0 | 100.0 |
| 7. 1989.....| 0 | 0 | 100.0 |
| 8. 1990.....| 0 | 0 | 100.0 |
| 9. 1991.....| 0 | 0 | 100.0 |
|10. 1992.....| 0 | 0 | 100.0 |
|11. 1993.....| 0 | 0 | 100.0 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | X X X X |
-----------------------------------------------------------
------------------------------------------
| | Net Balance Sheet Reserves|
| | After Discount |
| |----------------------------|
| | 34 | 35 |
| | Losses |Loss Expenses|
| | Unpaid | Unpaid |
|-------------|--------------|-------------|
| | | |
| 1. Prior ...| 393,783 | 23,343 |
| 2. 1984.....| 68,355 | 6,905 |
| 3. 1985.....| 85,849 | 9,014 |
| 4. 1986.....| 81,565 | 9,932 |
| 5. 1987.....| 131,433 | 15,825 |
| 6. 1988.....| 219,297 | 30,403 |
| 7. 1989.....| 317,669 | 39,489 |
| 8. 1990.....| 427,859 | 65,278 |
| 9. 1991.....| 573,833 | 109,381 |
|10. 1992.....| 904,666 | 174,267 |
|11. 1993.....| 1,749,688 | 267,253 |
|-------------|--------------|-------------|
|12. Totals ..| 4,953,997 | 751,090 |
------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 2 - SUMMARY
(000 omitted)
----------------------------------------------------------------
| | Incurred Losses and Allocated Expenses
| 1 | Reported At Year End (000 omitted)
| Years in Which |--------------------------------------------
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
|-------------------|---------------|-------------|-------------|
| | | | |
| | | | |
| 1. Prior ......| 1,747,702 * | 1,891,639 | 1,927,528 |
| 2. 1984........| 1,951,369 | 2,072,850 | 2,109,125 |
| 3. 1985........| X X X X | 2,266,866 | 2,269,931 |
| 4. 1986........| X X X X | X X X X | 2,600,948 |
| 5. 1987........| X X X X | X X X X | X X X X |
| 6. 1988........| X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X |
|----------------------------------------------------------------
| 12. Totals .................................................
----------------------------------------------------------------
*Reported reserves only. Subsequent development relates only to
subsequent payments and reserves.
**Current year less first or second prior year, showing
(redundant) or adverse.
--------------------------------------------------------------
| | Incurred Losses and Allocated Expense
| 1 | Reported At Year End (000 omitted)
| Years in Which |------------------------------------------
| Losses Were | 5 | 6 | 7 |
| Incurred | 1987 | 1988 | 1989 |
|-------------------|-------------|-------------|-------------|
| | | | |
| | | | |
| 1. Prior ......| 2,054,681 | 2,156,767 | 2,283,221 |
| 2. 1984........| 2,152,705 | 2,195,743 | 2,254,545 |
| 3. 1985........| 2,321,010 | 2,411,134 | 2,487,602 |
| 4. 1986........| 2,457,402 | 2,427,011 | 2,385,452 |
| 5. 1987........| 2,797,606 | 2,714,719 | 2,679,047 |
| 6. 1988........| X X X X | 2,933,669 | 2,887,861 |
| 7. 1989........| X X X X | X X X X | 3,068,278 |
| 8. 1990........| X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X |
|--------------------------------------------------------------
| 12. Totals ...............................................
--------------------------------------------------------------
--------------------------------------------------------------
| | Incurred Losses and Allocated Expense
| 1 | Reported At Year End (000 omitted)
| Years in Which |------------------------------------------
| Losses Were | 8 | 9 | 10 |
| Incurred | 1990 | 1991 | 1992 |
|-------------------|-------------|-------------|-------------|
| | | | |
| | | | |
| 1. Prior ......| 2,350,928 | 2,457,490 | 2,577,463 |
| 2. 1984........| 2,271,250 | 2,290,755 | 2,293,739 |
| 3. 1985........| 2,521,188 | 2,549,178 | 2,574,806 |
| 4. 1986........| 2,369,109 | 2,368,950 | 2,352,555 |
| 5. 1987........| 2,673,536 | 2,672,468 | 2,630,671 |
| 6. 1988........| 2,887,231 | 2,877,014 | 2,914,024 |
| 7. 1989........| 3,074,108 | 3,045,344 | 3,096,107 |
| 8. 1990........| 2,787,639 | 2,759,614 | 2,724,188 |
| 9. 1991........| X X X X | 2,709,812 | 2,718,467 |
| 10. 1992........| X X X X | X X X X | 2,790,082 |
| 11. 1993........| X X X X | X X X X | X X X X |
|--------------------------------------------------------------
| 12. Totals ...............................................
--------------------------------------------------------------
-------------------------------------------------------------
| 1 | | Development** |
| Years in Which |-------------|---------------------------|
| Losses Were | 11 | 12 | 13 |
| Incurred | 1993 | One Year | Two Year |
|-------------------|-------------|-------------|-------------|
| | | | |
| | | | |
| 1. Prior ......| 2,628,236 | 50,773 | 170,746 |
| 2. 1984........| 2,298,571 | 4,832 | 7,816 |
| 3. 1985........| 2,585,305 | 10,499 | 36,127 |
| 4. 1986........| 2,355,046 | 2,491 | (13,904)|
| 5. 1987........| 2,631,575 | 904 | (40,893)|
| 6. 1988........| 2,944,698 | 30,674 | 67,684 |
| 7. 1989........| 3,105,291 | 9,184 | 59,947 |
| 8. 1990........| 2,726,382 | 2,194 | (33,232)|
| 9. 1991........| 2,713,087 | (5,380)| 3,275 |
| 10. 1992........| 2,743,816 | (46,266)| X X X X |
| 11. 1993........| 2,992,550 | X X X X | X X X X |
|---------------------------------|-------------|-------------|
| 12. Totals ..................| 59,905 | 257,566 |
-------------------------------------------------------------
SCHEDULE P - PART 3 - SUMMARY
----------------------------------------------------------------
| | Cumulative Paid in Losses and Allocated
| 1 | Expenses At Year End (000 omitted)
| Years in Which |--------------------------------------------
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-------------------|---------------|-------------|-------------|
| | | | |
| 1. Prior ......| 000 | 513,253 | 933,844 |
| 2. 1984........| 838,668 | 1,378,759 | 1,660,734 |
| 3. 1985........| X X X X | 891,344 | 1,537,733 |
| 4. 1986........| X X X X | X X X X | 812,557 |
| 5. 1987........| X X X X | X X X X | X X X X |
| 6. 1988........| X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X |
----------------------------------------------------------------
Note: Net of salvage and subrogation received.
--------------------------------------------------------------
| |
| 1 |
| Years in Which |------------------------------------------
| Losses Were | 5 | 6 | 7 |
| Incurred | 1987 | 1988 | 1989 |
| | | | |
|-------------------|-------------|-------------|-------------|
| | | | |
| 1. Prior ......| 1,204,549 | 1,443,213 | 1,640,802 |
| 2. 1984........| 1,854,464 | 1,979,750 | 2,068,842 |
| 3. 1985........| 1,845,251 | 2,060,441 | 2,215,265 |
| 4. 1986........| 1,370,763 | 1,676,563 | 1,888,323 |
| 5. 1987........| 855,804 | 1,477,035 | 1,886,289 |
| 6. 1988........| X X X X | 918,107 | 1,626,830 |
| 7. 1989........| X X X X | X X X X | 929,122 |
| 8. 1990........| X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X |
--------------------------------------------------------------
--------------------------------------------------------------
| |
| 1 |
| Years in Which |------------------------------------------
| Losses Were | 8 | 9 | 10 |
| Incurred | 1990 | 1991 | 1992 |
| | | | |
|-------------------|-------------|-------------|-------------|
| | | | |
| 1. Prior ......| 1,793,830 | 1,935,097 | 2,113,663 |
| 2. 1984........| 2,124,483 | 2,175,059 | 2,212,357 |
| 3. 1985........| 2,333,530 | 2,401,220 | 2,469,356 |
| 4. 1986........| 2,035,363 | 2,136,220 | 2,221,293 |
| 5. 1987........| 2,123,358 | 2,286,723 | 2,413,472 |
| 6. 1988........| 2,057,209 | 2,348,676 | 2,547,211 |
| 7. 1989........| 1,752,683 | 2,186,823 | 2,539,595 |
| 8. 1990........| 837,137 | 1,559,605 | 1,983,924 |
| 9. 1991........| X X X X | 899,804 | 1,690,358 |
| 10. 1992........| X X X X | X X X X | 1,004,238 |
| 11. 1993........| X X X X | X X X X | X X X X |
--------------------------------------------------------------
-------------------------------------------------------------
| | | 12 | 13 |
| 1 | | Number of | Number of |
| Years in Which |-------------| Claims | Claims |
| Losses Were | 11 | Closed With | Closed |
| Incurred | 1993 | Loss |Without Loss |
| | | Payment | Payment |
|-------------------|-------------|-------------|-------------|
| | | | |
| 1. Prior ......| 2,212,213 | X X X X | X X X X |
| 2. 1984........| 2,223,774 | X X X X | X X X X |
| 3. 1985........| 2,491,035 | X X X X | X X X X |
| 4. 1986........| 2,264,360 | X X X X | X X X X |
| 5. 1987........| 2,485,465 | X X X X | X X X X |
| 6. 1988........| 2,697,330 | X X X X | X X X X |
| 7. 1989........| 2,751,675 | X X X X | X X X X |
| 8. 1990........| 2,239,295 | X X X X | X X X X |
| 9. 1991........| 2,042,239 | X X X X | X X X X |
| 10. 1992........| 1,682,920 | X X X X | X X X X |
| 11. 1993........| 1,003,305 | X X X X | X X X X |
-------------------------------------------------------------
SCHEDULE P - PART 4 - SUMMARY
---------------------------------------------------------------
| | Bulk and Incurred But Not Reported Reserves
| 1 | on Losses and Allocated at Year End (000 omitted)
| Years in Which | ------------------------------------------
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
|-------------------|--------------|-------------|-------------|
| | | | |
| 1. Prior .....| 370,082 | 274,073 | 135,754 |
| 2. 1984.......| 510,488 | 151,223 | 66,421 |
| 3. 1985.......| X X X X | 659,220 | 191,556 |
| 4. 1986.......| X X X X | X X X X | 995,450 |
| 5. 1987.......| X X X X | X X X X | X X X X |
| 6. 1988.......| X X X X | X X X X | X X X X |
| 7. 1989.......| X X X X | X X X X | X X X X |
| 8. 1990.......| X X X X | X X X X | X X X X |
| 9. 1991.......| X X X X | X X X X | X X X X |
| 10. 1992.......| X X X X | X X X X | X X X X |
| 11. 1993.......| X X X X | X X X X | X X X X |
---------------------------------------------------------------
---------------------------------------------------------------
| 1 |
| Years in Which | ------------------------------------------
| Losses Were | 5 | 6 | 7 |
| Incurred | 1987 | 1988 | 1989 |
|-------------------|--------------|-------------|-------------|
| | | | |
| 1. Prior .....| 130,798 | 109,891 | 103,074 |
| 2. 1984.......| 50,471 | 41,116 | 41,268 |
| 3. 1985.......| 111,575 | 74,480 | 61,799 |
| 4. 1986.......| 375,423 | 206,066 | 164,322 |
| 5. 1987.......| 1,077,609 | 479,183 | 311,285 |
| 6. 1988.......| X X X X | 1,162,184 | 510,267 |
| 7. 1989.......| X X X X | X X X X | 1,156,304 |
| 8. 1990.......| X X X X | X X X X | X X X X |
| 9. 1991.......| X X X X | X X X X | X X X X |
| 10. 1992.......| X X X X | X X X X | X X X X |
| 11. 1993.......| X X X X | X X X X | X X X X |
---------------------------------------------------------------
---------------------------------------------------------------
| 1 |
| Years in Which | ------------------------------------------
| Losses Were | 8 | 9 | 10 |
| Incurred | 1990 | 1991 | 1992 |
|-------------------|--------------|-------------|-------------|
| | | | |
| 1. Prior .....| 67,180 | 53,297 | 50,274 |
| 2. 1984.......| 31,629 | 21,352 | 17,120 |
| 3. 1985.......| 43,232 | 32,679 | 17,346 |
| 4. 1986.......| 107,154 | 67,062 | 36,666 |
| 5. 1987.......| 227,358 | 140,942 | 79,198 |
| 6. 1988.......| 318,898 | 203,943 | 120,761 |
| 7. 1989.......| 563,711 | 318,039 | 180,909 |
| 8. 1990.......| 1,059,916 | 489,987 | 286,981 |
| 9. 1991.......| X X X X | 967,827 | 420,180 |
| 10. 1992.......| X X X X | X X X X | 939,369 |
| 11. 1993.......| X X X X | X X X X | X X X X |
---------------------------------------------------------------
----------------------------------
| 1 | |
| Years in Which | -------------|
| Losses Were | 11 |
| Incurred | 1993 |
|-------------------|--------------|
| | |
| 1. Prior .....| 38,610 |
| 2. 1984.......| 14,375 |
| 3. 1985.......| 15,612 |
| 4. 1986.......| 18,246 |
| 5. 1987.......| 38,181 |
| 6. 1988.......| 57,190 |
| 7. 1989.......| 88,737 |
| 8. 1990.......| 155,193 |
| 9. 1991.......| 207,395 |
| 10. 1992.......| 443,103 |
| 11. 1993.......| 1,140,373 |
----------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1A - HOMEOWNERS/FARMOWNERS
(000 omitted)
----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|--------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 217 |
| 2. 1984.....| 345,361 | 48,105 | 297,256 | 211,992 |
| 3. 1985.....| 381,544 | 71,535 | 310,009 | 272,949 |
| 4. 1986.....| 358,516 | 56,746 | 301,770 | 204,791 |
| 5. 1987.....| 328,588 | 48,143 | 280,445 | 168,262 |
| 6. 1988.....| 303,786 | 53,252 | 250,534 | 180,342 |
| 7. 1989.....| 287,732 | 64,623 | 223,109 | 397,572 |
| 8. 1990.....| 266,259 | 48,634 | 217,625 | 157,584 |
| 9. 1991.....| 254,040 | 17,986 | 236,054 | 183,653 |
|10. 1992.....| 257,413 | 40,681 | 216,732 | 371,813 |
|11. 1993.....| 271,693 | 40,594 | 231,099 | 131,945 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 2,281,120 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
-----------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |---------------------------------------------
| Years | | Allocated Loss |
| in Which | | Expense Payments |
|Premiums Were|--------------|-----------------------------|
| Earned and | 6 | 7 | 8 |
| Losses Were | | Direct | |
| Incurred | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 1,685 | (893)| 651 |
| 2. 1984.....| 11,091 | 24,013 | 790 |
| 3. 1985.....| 40,030 | 24,357 | 3,630 |
| 4. 1986.....| 25,064 | 20,354 | 1,318 |
| 5. 1987.....| 14,986 | 20,516 | 1,144 |
| 6. 1988.....| 17,116 | 19,199 | 2,082 |
| 7. 1989.....| 258,744 | 24,994 | 4,584 |
| 8. 1990.....| 21,579 | 16,451 | 517 |
| 9. 1991.....| 15,728 | 14,891 | 535 |
|10. 1992.....| 204,659 | 15,094 | 2,007 |
|11. 1993.....| 11,036 | 14,723 | (32)|
|-------------|--------------|--------------|--------------|
|12. Totals ..| 621,718 | 193,699 | 17,226 |
-----------------------------------------------------------
-----------------------------------------------------------
| 1 | |
| |--------------------------------------------|
| Years | 9 | 10 | 11 |
| in Which | | | |
|Premiums Were| Salvage | Unallocated | Total |
| Earned and | and | Loss | Net Paid |
| Losses Were | Subrogation | Expense | (5 - 6 + 7 |
| Incurred | Received | Payments | - 8 + 10) |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 23 | (23)| (3,035)|
| 2. 1984.....| 2,062 | 2,294 | 226,418 |
| 3. 1985.....| 1,802 | 2,408 | 256,054 |
| 4. 1986.....| 2,009 | 1,921 | 200,684 |
| 5. 1987.....| 1,001 | 2,292 | 174,940 |
| 6. 1988.....| 1,995 | 2,446 | 182,789 |
| 7. 1989.....| 1,583 | 2,950 | 162,188 |
| 8. 1990.....| 1,260 | 3,886 | 155,825 |
| 9. 1991.....| 916 | 3,827 | 186,108 |
|10. 1992.....| 1,208 | 4,595 | 184,836 |
|11. 1993.....| 216 | 4,233 | 139,897 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 14,075 | 30,829 | 1,866,704 |
-----------------------------------------------------------
-----------------------------------------------------------------------
| | | Losses Unpaid
| | 12 |------------------------------------------
| | Number of | Case Basis | Bulk & IBNR
| | Claims |---------------------------|--------------
| | Reported - | 13 | 14 | 15 |
| | Direct and | Direct | | Direct |
| | Assumed | and Assumed | Ceded | and Assumed |
|-------------|--------------|-------------|-------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | 1,317 | 253 | 1 |
| 2. 1984.....| 128,346 | 306 | 7 | 0 |
| 3. 1985.....| 121,212 | 1,136 | 538 | 0 |
| 4. 1986.....| 94,879 | 1,139 | 131 | 0 |
| 5. 1987.....| 81,825 | 877 | 3 | 0 |
| 6. 1988.....| 72,248 | 1,214 | 86 | 0 |
| 7. 1989.....| 27,063 | 3,909 | 547 | 164 |
| 8. 1990.....| 67,055 | 4,687 | 573 | 427 |
| 9. 1991.....| 76,077 | 9,798 | 470 | 1,109 |
|10. 1992.....| 71,096 | 10,008 | (2,110)| 2,301 |
|11. 1993.....| 58,230 | 25,159 | (1,032)| 12,713 |
|-------------|--------------|-------------|-------------|-------------|
|12. Totals ..| X X X X | 59,550 | (534)| 16,715 |
---------------------------- ------------------------------------------
-----------------------------------------------------------
| | | Allocated Loss Expenses Unpaid
| |--------------|------------------------------
| | | Case Basis |
| |--------------|-----------------------------|
| | 16 | 17 | 18 |
| | | Direct | |
| | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 0 | 0 | 0 |
| 2. 1984.....| 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 |
| 5. 1987.....| 0 | 0 | 0 |
| 6. 1988.....| 0 | 0 | 0 |
| 7. 1989.....| 0 | 0 | 0 |
| 8. 1990.....| 9 | 0 | 0 |
| 9. 1991.....| 87 | 0 | 0 |
|10. 1992.....| 479 | 0 | 0 |
|11. 1993.....| 2,889 | 0 | 0 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 3,464 | 0 | 0 |
-----------------------------------------------------------
-----------------------------------------------------------
| | | |
| |-----------------------------| 21 |
| | Bulk + IBNR | |
| |-----------------------------| Salvage |
| | 19 | 20 | and |
| | Direct | | Subrogation |
| | and Assumed | Ceded | Anticipated |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 145 | 2 | 6 |
| 2. 1984.....| 28 | 2 | 8 |
| 3. 1985.....| 144 | 0 | 6 |
| 4. 1986.....| 141 | 7 | 9 |
| 5. 1987.....| 154 | 2 | 13 |
| 6. 1988.....| 175 | 0 | 83 |
| 7. 1989.....| 410 | 5 | 171 |
| 8. 1990.....| 760 | 27 | 264 |
| 9. 1991.....| 1,316 | 20 | 213 |
|10. 1992.....| 2,103 | 70 | 328 |
|11. 1993.....| 8,395 | 538 | 919 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 13,771 | 673 | 2,020 |
-----------------------------------------------------------
---------------------------------------------------------
| | | | |
| | 22 | 23 | 24 |
| | | | Number of |
| | Unallocated | Total | Claims |
| | Loss | Net Losses |Outstanding -|
| | Expenses | and Expenses | Direct and |
| | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|-------------|
| | | | |
| | | | |
| 1. Prior ...| 4 | 1,212 | 105 |
| 2. 1984.....| 1 | 326 | 39 |
| 3. 1985.....| 4 | 746 | 44 |
| 4. 1986.....| 4 | 1,146 | 34 |
| 5. 1987.....| 4 | 1,030 | 54 |
| 6. 1988.....| 6 | 1,309 | 71 |
| 7. 1989.....| 15 | 3,946 | 125 |
| 8. 1990.....| 54 | 5,319 | 218 |
| 9. 1991.....| 57 | 11,703 | 402 |
|10. 1992.....| 99 | 16,072 | 783 |
|11. 1993.....| 318 | 44,190 | 4,483 |
|-------------|--------------|--------------|-------------|
|12. Totals ..| 566 | 86,999 | 6,358 |
---------------------------------------------------------
-----------------------------------------------------------------------
| | |Loss and Loss
| | Total Losses and |Expense Percentage
| | Loss Expenses Incurred |(Incurred/Premium
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 238,634 | 11,890 | 226,744 | 69.1 |
| 3. 1985.....| 300,998 | 44,198 | 256,800 | 78.9 |
| 4. 1986.....| 228,350 | 26,520 | 201,830 | 63.7 |
| 5. 1987.....| 192,105 | 16,135 | 175,970 | 58.5 |
| 6. 1988.....| 203,382 | 19,284 | 184,098 | 66.9 |
| 7. 1989.....| 430,014 | 263,880 | 166,134 | 149.4 |
| 8. 1990.....| 183,849 | 22,705 | 161,144 | 69.0 |
| 9. 1991.....| 214,651 | 16,840 | 197,811 | 84.5 |
|10. 1992.....| 406,013 | 205,105 | 200,908 | 157.7 |
|11. 1993.....| 197,486 | 13,399 | 184,087 | 72.7 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
-----------------------------------------------------------
| | | Discount for Time
| | | Value of Money
| |-----------------------------|---------------
| | 29 | 30 | 31 |
| | | | |
| | | | |
| | Ceded | Net | Loss |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | X X X X | 0 |
| 2. 1984.....| 24.7 | 76.3 | 0 |
| 3. 1985.....| 61.8 | 82.8 | 0 |
| 4. 1986.....| 46.7 | 66.9 | 0 |
| 5. 1987.....| 33.5 | 62.7 | 0 |
| 6. 1988.....| 36.2 | 73.5 | 0 |
| 7. 1989.....| 408.3 | 74.5 | 0 |
| 8. 1990.....| 46.7 | 74.0 | 0 |
| 9. 1991.....| 93.6 | 83.8 | 0 |
|10. 1992.....| 504.2 | 92.7 | 0 |
|11. 1993.....| 33.0 | 79.7 | 0 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 |
-----------------------------------------------------------
-----------------------------------------------------------
| | | | Net Balance Sheet Reserves
| | | 33 | After Discount
| |--------------| |---------------
| | 32 |Inter-Company | 34 |
| | | Pooling | |
| | Loss |Participation | Losses |
| | Expense | Percentage | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 0 | X X X X | 1,065 |
| 2. 1984.....| 0 | 100.0 | 299 |
| 3. 1985.....| 0 | 100.0 | 598 |
| 4. 1986.....| 0 | 100.0 | 1,008 |
| 5. 1987.....| 0 | 100.0 | 874 |
| 6. 1988.....| 0 | 100.0 | 1,128 |
| 7. 1989.....| 0 | 100.0 | 3,526 |
| 8. 1990.....| 0 | 100.0 | 4,532 |
| 9. 1991.....| 0 | 100.0 | 10,350 |
|10. 1992.....| 0 | 100.0 | 13,940 |
|11. 1993.....| 0 | 100.0 | 36,015 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 0 | X X X X | 73,335 |
-----------------------------------------------------------
----------------------------
| | |
| | |
| |--------------|
| | 35 |
| | Loss |
| | Expenses |
| | Unpaid |
|-------------|--------------|
| | |
| | |
| 1. Prior ...| 147 |
| 2. 1984.....| 27 |
| 3. 1985.....| 148 |
| 4. 1986.....| 138 |
| 5. 1987.....| 156 |
| 6. 1988.....| 181 |
| 7. 1989.....| 420 |
| 8. 1990.....| 787 |
| 9. 1991.....| 1,353 |
|10. 1992.....| 2,132 |
|11. 1993.....| 8,175 |
|-------------|--------------|
|12. Totals ..| 13,664 |
----------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 2,234 |
| 2. 1984.....| 364,107 | 5,776 | 358,331 | 327,189 |
| 3. 1985.....| 373,878 | 6,696 | 367,182 | 350,542 |
| 4. 1986.....| 389,236 | 7,119 | 382,117 | 346,377 |
| 5. 1987.....| 386,054 | 8,193 | 377,861 | 320,315 |
| 6. 1988.....| 361,601 | 15,393 | 346,208 | 296,785 |
| 7. 1989.....| 334,346 | 14,273 | 320,073 | 284,844 |
| 8. 1990.....| 351,594 | 60,195 | 291,399 | 239,146 |
| 9. 1991.....| 310,130 | 45,565 | 264,565 | 197,984 |
|10. 1992.....| 321,898 | 44,583 | 277,315 | 150,280 |
|11. 1993.....| 353,246 | 9,579 | 343,667 | 73,426 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 2,589,122 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
-----------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |---------------------------------------------
| Years | | Allocated Loss |
| in Which | | Expense Payments |
|Premiums Were|--------------|-----------------------------|
| Earned and | 6 | 7 | 8 |
| Losses Were | | Direct | |
| Incurred | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 939 | 82 | (23)|
| 2. 1984.....| 3,168 | 41,493 | 573 |
| 3. 1985.....| 8,769 | 40,431 | 782 |
| 4. 1986.....| 7,723 | 38,324 | 1,100 |
| 5. 1987.....| 12,321 | 38,630 | 1,138 |
| 6. 1988.....| 18,139 | 33,262 | 1,623 |
| 7. 1989.....| 30,886 | 26,897 | 2,939 |
| 8. 1990.....| 36,007 | 25,699 | 1,607 |
| 9. 1991.....| 13,350 | 19,549 | 558 |
|10. 1992.....| 8,848 | 15,883 | 109 |
|11. 1993.....| 2,096 | 14,389 | 18 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 142,246 | 294,639 | 10,424 |
-----------------------------------------------------------
-------------------------------------------------------------------------
| 1 | | |
| |--------------------------------------------| |
| Years | 9 | 10 | 11 | 12 |
| in Which | | | | Number of |
|Premiums Were| Salvage | Unallocated | Total | Claims |
| Earned and | and | Loss | Net Paid | Reported - |
| Losses Were | Subrogation | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Received | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 19 | 20 | 1,420 | X X X X |
| 2. 1984.....| 2,893 | 4,607 | 369,548 | 150,574 |
| 3. 1985.....| 3,193 | 5,215 | 386,637 | 144,685 |
| 4. 1986.....| 3,048 | 5,078 | 380,956 | 127,684 |
| 5. 1987.....| 2,573 | 5,324 | 350,810 | 102,701 |
| 6. 1988.....| 2,177 | 5,437 | 315,722 | 90,446 |
| 7. 1989.....| 2,401 | 5,728 | 283,644 | 86,364 |
| 8. 1990.....| 1,924 | 6,973 | 234,204 | 79,722 |
| 9. 1991.....| 1,672 | 5,909 | 209,534 | 81,438 |
|10. 1992.....| 1,390 | 5,685 | 162,891 | 73,134 |
|11. 1993.....| 728 | 4,910 | 90,611 | 59,596 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 22,018 | 54,886 | 2,785,977 | X X X X |
-------------------------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 10,812 | 10,494 | 90 | 0 |
| 2. 1984.....| 3,755 | 1,010 | 131 | 0 |
| 3. 1985.....| 4,908 | 1,657 | 154 | 0 |
| 4. 1986.....| 3,691 | 541 | 164 | 35 |
| 5. 1987.....| 4,900 | 971 | 476 | 216 |
| 6. 1988.....| 10,451 | 5,044 | 1,027 | 349 |
| 7. 1989.....| 14,897 | 5,885 | 873 | 654 |
| 8. 1990.....| 20,956 | 3,506 | 3,046 | 800 |
| 9. 1991.....| 44,265 | 2,121 | 1,883 | 1,074 |
|10. 1992.....| 70,146 | 2,378 | 23,255 | 13,015 |
|11. 1993.....| 125,331 | 3,914 | 107,863 | 12,891 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 314,112 | 37,521 | 138,962 | 29,034 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 278 | 2 |
| 2. 1984.....| 0 | 0 | 139 | 0 |
| 3. 1985.....| 0 | 0 | 182 | 0 |
| 4. 1986.....| 0 | 0 | 379 | 0 |
| 5. 1987.....| 0 | 0 | 770 | 11 |
| 6. 1988.....| 0 | 0 | 1,174 | 16 |
| 7. 1989.....| 0 | 0 | 2,818 | 11 |
| 8. 1990.....| 0 | 0 | 3,852 | 106 |
| 9. 1991.....| 0 | 0 | 4,395 | 509 |
|10. 1992.....| 0 | 0 | 13,177 | 1,871 |
|11. 1993.....| 0 | 0 | 20,546 | 4,519 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 47,710 | 7,045 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 11 | 17 | 701 | 449 |
| 2. 1984.....| 18 | 11 | 3,026 | 116 |
| 3. 1985.....| 26 | 22 | 3,609 | 155 |
| 4. 1986.....| 36 | 34 | 3,692 | 167 |
| 5. 1987.....| 91 | 45 | 4,993 | 237 |
| 6. 1988.....| 121 | 92 | 7,335 | 426 |
| 7. 1989.....| 170 | 188 | 12,226 | 670 |
| 8. 1990.....| 261 | 453 | 23,895 | 1,085 |
| 9. 1991.....| 543 | 891 | 47,730 | 1,956 |
|10. 1992.....| 842 | 1,523 | 90,837 | 4,898 |
|11. 1993.....| 1,555 | 2,682 | 235,098 | 19,051 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 3,674 | 5,958 | 433,142 | 29,210 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premium
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 377,325 | 4,751 | 372,574 | 103.6 |
| 3. 1985.....| 401,454 | 11,208 | 390,246 | 107.4 |
| 4. 1986.....| 394,047 | 9,399 | 384,648 | 101.2 |
| 5. 1987.....| 370,460 | 14,657 | 355,803 | 96.0 |
| 6. 1988.....| 348,228 | 25,171 | 323,057 | 96.3 |
| 7. 1989.....| 336,245 | 40,375 | 295,870 | 100.6 |
| 8. 1990.....| 300,125 | 42,026 | 258,099 | 85.4 |
| 9. 1991.....| 274,876 | 17,612 | 257,264 | 88.6 |
|10. 1992.....| 279,949 | 26,221 | 253,728 | 87.0 |
|11. 1993.....| 349,147 | 23,438 | 325,709 | 98.8 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 82.3 | 104.0 | 0 | 0 |
| 3. 1985.....| 167.4 | 106.3 | 0 | 0 |
| 4. 1986.....| 132.0 | 100.7 | 0 | 0 |
| 5. 1987.....| 178.9 | 94.2 | 0 | 0 |
| 6. 1988.....| 163.5 | 93.3 | 0 | 0 |
| 7. 1989.....| 282.9 | 92.4 | 0 | 0 |
| 8. 1990.....| 69.8 | 88.6 | 0 | 0 |
| 9. 1991.....| 38.7 | 97.2 | 0 | 0 |
|10. 1992.....| 58.8 | 91.5 | 0 | 0 |
|11. 1993.....| 244.7 | 94.8 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 408 | 293 |
| 2. 1984.....| 100.0 | 2,876 | 150 |
| 3. 1985.....| 100.0 | 3,405 | 204 |
| 4. 1986.....| 100.0 | 3,279 | 413 |
| 5. 1987.....| 100.0 | 4,189 | 804 |
| 6. 1988.....| 100.0 | 6,085 | 1,250 |
| 7. 1989.....| 100.0 | 9,231 | 2,995 |
| 8. 1990.....| 100.0 | 19,696 | 4,199 |
| 9. 1991.....| 100.0 | 42,953 | 4,777 |
|10. 1992.....| 100.0 | 78,008 | 12,829 |
|11. 1993.....| 100.0 | 216,389 | 18,709 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 386,519 | 46,623 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 2,481 |
| 2. 1984.....| 149,038 | 20,571 | 128,467 | 157,026 |
| 3. 1985.....| 193,393 | 28,567 | 164,826 | 190,124 |
| 4. 1986.....| 253,295 | 31,617 | 221,678 | 182,660 |
| 5. 1987.....| 271,150 | 31,190 | 239,960 | 178,058 |
| 6. 1988.....| 274,764 | 29,725 | 245,039 | 192,494 |
| 7. 1989.....| 250,096 | 30,219 | 219,877 | 164,357 |
| 8. 1990.....| 222,033 | 26,054 | 195,979 | 114,588 |
| 9. 1991.....| 197,209 | 19,730 | 177,479 | 91,974 |
|10. 1992.....| 201,821 | 23,312 | 178,509 | 51,815 |
|11. 1993.....| 199,697 | 21,005 | 178,692 | 20,751 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 1,346,328 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 1,503 | 570 | 258 | (17)|
| 2. 1984.....| 14,940 | 18,225 | 1,234 | 858 |
| 3. 1985.....| 19,491 | 23,436 | 2,937 | 887 |
| 4. 1986.....| 18,943 | 20,746 | 1,267 | 661 |
| 5. 1987.....| 12,802 | 20,051 | 1,269 | 702 |
| 6. 1988.....| 15,102 | 19,259 | 1,227 | 836 |
| 7. 1989.....| 10,523 | 17,790 | 931 | 651 |
| 8. 1990.....| 9,130 | 11,985 | 820 | 757 |
| 9. 1991.....| 7,689 | 10,157 | 610 | 532 |
|10. 1992.....| 6,688 | 8,560 | 197 | 330 |
|11. 1993.....| 719 | 6,508 | 42 | 186 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 117,530 | 157,287 | 10,792 | 6,383 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 8 | 1,298 | X X X X |
| 2. 1984.....| 2,634 | 161,711 | 39,017 |
| 3. 1985.....| 2,930 | 194,062 | 36,717 |
| 4. 1986.....| 2,981 | 186,177 | 37,802 |
| 5. 1987.....| 3,280 | 187,318 | 37,244 |
| 6. 1988.....| 3,801 | 199,225 | 37,181 |
| 7. 1989.....| 3,599 | 174,292 | 34,813 |
| 8. 1990.....| 3,398 | 120,021 | 29,179 |
| 9. 1991.....| 3,107 | 96,939 | 24,182 |
|10. 1992.....| 3,008 | 56,498 | 22,628 |
|11. 1993.....| 2,281 | 28,779 | 18,829 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 31,027 | 1,406,320 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 6,646 | 761 | 18 | 0 |
| 2. 1984.....| 1,242 | 521 | 33 | 0 |
| 3. 1985.....| 2,318 | 337 | 52 | 0 |
| 4. 1986.....| 3,379 | 82 | 97 | 0 |
| 5. 1987.....| 7,322 | 2,415 | 340 | 68 |
| 6. 1988.....| 10,628 | 64 | 443 | 300 |
| 7. 1989.....| 21,729 | 2,071 | 691 | 134 |
| 8. 1990.....| 20,812 | 1,407 | 743 | 207 |
| 9. 1991.....| 28,885 | 3,001 | 3,709 | 407 |
|10. 1992.....| 46,363 | 2,647 | 14,058 | 1,733 |
|11. 1993.....| 48,363 | (273)| 65,493 | 10,004 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 197,687 | 13,033 | 85,677 | 12,853 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 159 | 2 |
| 2. 1984.....| 0 | 0 | 61 | 0 |
| 3. 1985.....| 0 | 0 | 149 | 0 |
| 4. 1986.....| 0 | 0 | 434 | 1 |
| 5. 1987.....| 0 | 0 | 624 | 11 |
| 6. 1988.....| 0 | 0 | 677 | 16 |
| 7. 1989.....| 0 | 0 | 1,442 | 19 |
| 8. 1990.....| 0 | 0 | 2,186 | 9 |
| 9. 1991.....| 0 | 0 | 4,897 | 9 |
|10. 1992.....| 0 | 0 | 7,090 | 1,017 |
|11. 1993.....| 0 | 0 | 9,536 | 2,010 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 27,255 | 3,094 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 5 | 39 | 6,099 | 481 |
| 2. 1984.....| 13 | 13 | 828 | 181 |
| 3. 1985.....| 20 | 19 | 2,201 | 228 |
| 4. 1986.....| 17 | 54 | 3,881 | 266 |
| 5. 1987.....| 61 | 77 | 5,869 | 517 |
| 6. 1988.....| 61 | 142 | 11,510 | 508 |
| 7. 1989.....| 144 | 192 | 21,830 | 605 |
| 8. 1990.....| 232 | 367 | 22,485 | 817 |
| 9. 1991.....| 361 | 637 | 34,711 | 1,391 |
|10. 1992.....| 561 | 1,170 | 63,284 | 2,804 |
|11. 1993.....| 1,044 | 1,742 | 113,393 | 5,862 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 2,519 | 4,452 | 286,091 | 13,660 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 179,234 | 16,695 | 162,539 | 120.3 |
| 3. 1985.....| 219,028 | 22,765 | 196,263 | 113.3 |
| 4. 1986.....| 210,351 | 20,293 | 190,058 | 83.0 |
| 5. 1987.....| 209,752 | 16,565 | 193,187 | 77.4 |
| 6. 1988.....| 227,444 | 16,709 | 210,735 | 82.8 |
| 7. 1989.....| 209,800 | 13,678 | 196,122 | 83.9 |
| 8. 1990.....| 154,079 | 11,573 | 142,506 | 69.4 |
| 9. 1991.....| 143,366 | 11,716 | 131,650 | 72.7 |
|10. 1992.....| 132,064 | 12,282 | 119,782 | 65.4 |
|11. 1993.....| 154,674 | 12,502 | 142,172 | 77.5 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 81.2 | 126.5 | 0 | 0 |
| 3. 1985.....| 79.7 | 119.1 | 0 | 0 |
| 4. 1986.....| 64.2 | 85.7 | 0 | 0 |
| 5. 1987.....| 53.1 | 80.5 | 0 | 0 |
| 6. 1988.....| 56.2 | 86.0 | 0 | 0 |
| 7. 1989.....| 45.3 | 89.2 | 0 | 0 |
| 8. 1990.....| 44.4 | 72.7 | 0 | 0 |
| 9. 1991.....| 59.4 | 74.2 | 0 | 0 |
|10. 1992.....| 52.7 | 67.1 | 0 | 0 |
|11. 1993.....| 59.5 | 79.6 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 5,903 | 196 |
| 2. 1984.....| 100.0 | 754 | 74 |
| 3. 1985.....| 100.0 | 2,033 | 168 |
| 4. 1986.....| 100.0 | 3,394 | 487 |
| 5. 1987.....| 100.0 | 5,179 | 690 |
| 6. 1988.....| 100.0 | 10,707 | 803 |
| 7. 1989.....| 100.0 | 20,215 | 1,615 |
| 8. 1990.....| 100.0 | 19,941 | 2,544 |
| 9. 1991.....| 100.0 | 29,186 | 5,525 |
|10. 1992.....| 100.0 | 56,041 | 7,243 |
|11. 1993.....| 100.0 | 104,125 | 9,268 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 257,478 | 28,613 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1D - WORKERS' COMPENSATION
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 27,891 |
| 2. 1984.....| 353,354 | 39,214 | 314,140 | 325,746 |
| 3. 1985.....| 511,954 | 109,858 | 402,096 | 472,059 |
| 4. 1986.....| 695,318 | 166,599 | 528,719 | 568,264 |
| 5. 1987.....| 886,240 | 251,154 | 635,086 | 715,757 |
| 6. 1988.....| 1,113,903 | 325,033 | 788,870 | 838,551 |
| 7. 1989.....| 1,218,623 | 360,007 | 858,616 | 919,063 |
| 8. 1990.....| 1,283,788 | 405,735 | 878,053 | 849,769 |
| 9. 1991.....| 1,331,954 | 468,720 | 863,234 | 666,993 |
|10. 1992.....| 1,319,019 | 464,572 | 854,447 | 479,765 |
|11. 1993.....| 1,321,759 | 383,806 | 937,953 | 396,442 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 6,260,300 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 12,866 | 1,884 | 159 | 263 |
| 2. 1984.....| 48,928 | 34,571 | 2,629 | 5,742 |
| 3. 1985.....| 86,521 | 43,662 | 3,414 | 6,237 |
| 4. 1986.....| 148,746 | 52,989 | 4,084 | 6,760 |
| 5. 1987.....| 197,269 | 62,499 | 5,768 | 6,425 |
| 6. 1988.....| 237,711 | 72,752 | 7,281 | 7,292 |
| 7. 1989.....| 278,815 | 73,006 | 9,010 | 7,989 |
| 8. 1990.....| 275,425 | 74,379 | 6,219 | 5,322 |
| 9. 1991.....| 224,740 | 61,002 | 4,294 | 3,439 |
|10. 1992.....| 169,103 | 42,247 | 2,290 | 1,727 |
|11. 1993.....| 268,332 | 24,032 | 385 | 392 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 1,948,456 | 543,023 | 45,533 | 51,588 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 194 | 16,944 | X X X X |
| 2. 1984.....| 6,721 | 315,481 | 163,909 |
| 3. 1985.....| 6,710 | 432,496 | 210,247 |
| 4. 1986.....| 7,643 | 476,066 | 214,925 |
| 5. 1987.....| 9,690 | 584,909 | 204,781 |
| 6. 1988.....| 11,434 | 677,745 | 260,753 |
| 7. 1989.....| 16,342 | 720,586 | 276,348 |
| 8. 1990.....| 13,589 | 656,093 | 247,967 |
| 9. 1991.....| 13,517 | 512,478 | 191,393 |
|10. 1992.....| 12,346 | 362,965 | 175,667 |
|11. 1993.....| 9,503 | 161,260 | 145,821 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 107,689 | 4,917,023 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 349,114 | 120,784 | 8,817 | 3,765 |
| 2. 1984.....| 44,902 | 13,320 | 2,341 | 1,131 |
| 3. 1985.....| 79,324 | 43,335 | 1,971 | 1,227 |
| 4. 1986.....| 73,822 | 33,121 | 2,192 | 1,197 |
| 5. 1987.....| 90,371 | 40,809 | 2,311 | 1,215 |
| 6. 1988.....| 133,662 | 57,082 | 4,588 | 2,383 |
| 7. 1989.....| 183,805 | 66,445 | 6,882 | 2,908 |
| 8. 1990.....| 230,098 | 85,383 | 14,159 | 5,479 |
| 9. 1991.....| 276,249 | 92,861 | 75,608 | 37,681 |
|10. 1992.....| 342,274 | 113,394 | 183,716 | 52,304 |
|11. 1993.....| 296,037 | 34,678 | 316,715 | 24,599 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 2,099,658 | 701,212 | 619,300 | 133,889 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 20,097 | 447 |
| 2. 1984.....| 0 | 0 | 4,396 | 253 |
| 3. 1985.....| 0 | 0 | 4,879 | 288 |
| 4. 1986.....| 0 | 0 | 4,700 | 354 |
| 5. 1987.....| 0 | 0 | 6,793 | 430 |
| 6. 1988.....| 0 | 0 | 8,576 | 643 |
| 7. 1989.....| 0 | 0 | 8,185 | 772 |
| 8. 1990.....| 0 | 0 | 16,917 | 1,094 |
| 9. 1991.....| 0 | 0 | 24,048 | 1,761 |
|10. 1992.....| 0 | 0 | 32,122 | 4,476 |
|11. 1993.....| 0 | 0 | 50,863 | 6,855 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 181,576 | 17,373 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 821 | 336 | 253,368 | 5,909 |
| 2. 1984.....| 421 | 147 | 37,082 | 748 |
| 3. 1985.....| 807 | 200 | 41,524 | 1,433 |
| 4. 1986.....| 1,432 | 235 | 46,277 | 1,574 |
| 5. 1987.....| 2,623 | 267 | 57,288 | 2,329 |
| 6. 1988.....| 5,044 | 411 | 87,129 | 3,529 |
| 7. 1989.....| 8,718 | 836 | 129,583 | 5,618 |
| 8. 1990.....| 9,267 | 1,424 | 170,642 | 8,782 |
| 9. 1991.....| 12,635 | 2,609 | 246,211 | 13,237 |
|10. 1992.....| 13,326 | 6,600 | 394,538 | 19,422 |
|11. 1993.....| 13,842 | 12,351 | 609,834 | 42,692 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 68,936 | 25,416 | 2,073,476 | 105,273 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 418,824 | 66,261 | 352,563 | 118.5 |
| 3. 1985.....| 608,805 | 134,785 | 474,020 | 118.9 |
| 4. 1986.....| 709,845 | 187,502 | 522,343 | 102.1 |
| 5. 1987.....| 887,688 | 245,491 | 642,197 | 100.2 |
| 6. 1988.....| 1,069,974 | 305,100 | 764,874 | 96.1 |
| 7. 1989.....| 1,208,119 | 357,950 | 850,169 | 99.1 |
| 8. 1990.....| 1,200,335 | 373,600 | 826,735 | 93.5 |
| 9. 1991.....| 1,120,026 | 361,337 | 758,689 | 84.1 |
|10. 1992.....| 1,099,070 | 341,567 | 757,503 | 83.3 |
|11. 1993.....| 1,105,943 | 334,849 | 771,094 | 83.7 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 169.0 | 112.2 | 0 | 0 |
| 3. 1985.....| 122.7 | 117.9 | 0 | 0 |
| 4. 1986.....| 112.5 | 98.8 | 0 | 0 |
| 5. 1987.....| 97.7 | 101.1 | 0 | 0 |
| 6. 1988.....| 93.9 | 97.0 | 0 | 0 |
| 7. 1989.....| 99.4 | 99.0 | 0 | 0 |
| 8. 1990.....| 92.1 | 94.2 | 0 | 0 |
| 9. 1991.....| 77.1 | 87.9 | 0 | 0 |
|10. 1992.....| 73.5 | 88.7 | 0 | 0 |
|11. 1993.....| 87.2 | 82.2 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 233,382 | 19,986 |
| 2. 1984.....| 100.0 | 32,792 | 4,290 |
| 3. 1985.....| 100.0 | 36,733 | 4,791 |
| 4. 1986.....| 100.0 | 41,696 | 4,581 |
| 5. 1987.....| 100.0 | 50,658 | 6,630 |
| 6. 1988.....| 100.0 | 78,785 | 8,344 |
| 7. 1989.....| 100.0 | 121,334 | 8,249 |
| 8. 1990.....| 100.0 | 153,395 | 17,247 |
| 9. 1991.....| 100.0 | 221,315 | 24,896 |
|10. 1992.....| 100.0 | 360,292 | 34,246 |
|11. 1993.....| 100.0 | 553,475 | 56,359 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 1,883,857 | 189,619 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1E - COMMERCIAL MULTIPLE PERIL
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss P
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 5,336 |
| 2. 1984.....| 338,616 | 62,413 | 276,203 | 280,469 |
| 3. 1985.....| 517,170 | 80,670 | 436,500 | 357,434 |
| 4. 1986.....| 800,815 | 109,286 | 691,529 | 301,975 |
| 5. 1987.....| 979,830 | 120,699 | 859,131 | 326,035 |
| 6. 1988.....| 1,075,410 | 102,440 | 972,970 | 423,472 |
| 7. 1989.....| 990,307 | 100,633 | 889,674 | 673,457 |
| 8. 1990.....| 978,631 | 86,509 | 892,122 | 386,034 |
| 9. 1991.....| 972,713 | 100,341 | 872,372 | 311,717 |
|10. 1992.....| 988,913 | 127,562 | 861,351 | 600,171 |
|11. 1993.....| 1,090,983 | 106,697 | 984,286 | 200,916 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 3,867,016 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 1,820 | 10,195 | 239 | 18 |
| 2. 1984.....| 58,198 | 50,828 | 2,921 | 12,685 |
| 3. 1985.....| 73,238 | 54,889 | 2,462 | 5,608 |
| 4. 1986.....| 20,179 | 53,653 | 779 | 5,667 |
| 5. 1987.....| 12,669 | 58,389 | 682 | 5,103 |
| 6. 1988.....| 39,720 | 74,376 | 3,392 | 7,771 |
| 7. 1989.....| 275,199 | 75,856 | 4,870 | 8,032 |
| 8. 1990.....| 25,159 | 60,372 | 2,320 | 5,719 |
| 9. 1991.....| 12,191 | 52,986 | 1,565 | 5,203 |
|10. 1992.....| 338,224 | 52,849 | 9,853 | 4,566 |
|11. 1993.....| 6,551 | 32,642 | 249 | 2,958 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 863,148 | 577,035 | 29,332 | 63,330 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 109 | 13,581 | X X X X |
| 2. 1984.....| 4,939 | 275,117 | 76,571 |
| 3. 1985.....| 5,294 | 341,917 | 82,882 |
| 4. 1986.....| 6,414 | 341,084 | 71,705 |
| 5. 1987.....| 8,070 | 379,143 | 79,629 |
| 6. 1988.....| 10,593 | 465,329 | 91,380 |
| 7. 1989.....| 13,619 | 482,863 | 100,837 |
| 8. 1990.....| 14,545 | 433,472 | 100,162 |
| 9. 1991.....| 16,816 | 367,763 | 101,936 |
|10. 1992.....| 17,274 | 322,217 | 104,548 |
|11. 1993.....| 18,076 | 244,834 | 94,253 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 115,749 | 3,667,320 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 25,985 | 3,649 | 132 | 0 |
| 2. 1984.....| 6,139 | 2,725 | 197 | 4 |
| 3. 1985.....| 4,905 | 207 | 285 | 4 |
| 4. 1986.....| 6,851 | 10 | 415 | 5 |
| 5. 1987.....| 17,283 | 28 | 1,225 | 49 |
| 6. 1988.....| 28,320 | 358 | 3,282 | 61 |
| 7. 1989.....| 56,229 | 1,464 | 8,901 | 1,272 |
| 8. 1990.....| 76,845 | 2,038 | 13,874 | 5,096 |
| 9. 1991.....| 123,456 | 7,709 | 16,628 | 9,048 |
|10. 1992.....| 190,774 | 36,279 | 73,300 | 23,985 |
|11. 1993.....| 196,364 | 211 | 198,508 | 46,486 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 733,151 | 54,678 | 316,747 | 86,010 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 9 | 2 |
| 2. 1984.....| 0 | 0 | 86 | 1 |
| 3. 1985.....| 0 | 0 | 117 | 1 |
| 4. 1986.....| 0 | 0 | 178 | 1 |
| 5. 1987.....| 0 | 0 | 570 | 47 |
| 6. 1988.....| 0 | 0 | 3,157 | 49 |
| 7. 1989.....| 0 | 0 | 5,793 | 516 |
| 8. 1990.....| 0 | 0 | 11,433 | 1,288 |
| 9. 1991.....| 0 | 0 | 25,964 | 2,169 |
|10. 1992.....| 0 | 0 | 52,199 | 2,741 |
|11. 1993.....| 0 | 0 | 51,107 | 5,966 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 150,613 | 12,781 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 51 | 57 | 22,532 | 1,257 |
| 2. 1984.....| 45 | 15 | 3,707 | 227 |
| 3. 1985.....| 93 | 28 | 5,123 | 228 |
| 4. 1986.....| 156 | 31 | 7,459 | 284 |
| 5. 1987.....| 187 | 55 | 19,009 | 518 |
| 6. 1988.....| 888 | 84 | 34,375 | 789 |
| 7. 1989.....| 1,030 | 175 | 67,846 | 1,584 |
| 8. 1990.....| 1,226 | 295 | 94,025 | 2,193 |
| 9. 1991.....| 1,804 | 535 | 147,657 | 3,737 |
|10. 1992.....| 3,738 | 895 | 254,163 | 7,751 |
|11. 1993.....| 11,186 | 1,466 | 394,782 | 19,092 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 20,404 | 3,636 | 1,050,678 | 37,660 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 342,673 | 63,849 | 278,824 | 101.2 |
| 3. 1985.....| 422,952 | 75,912 | 347,040 | 81.8 |
| 4. 1986.....| 369,517 | 20,974 | 348,543 | 46.1 |
| 5. 1987.....| 411,627 | 13,475 | 398,152 | 42.0 |
| 6. 1988.....| 543,284 | 43,580 | 499,704 | 50.5 |
| 7. 1989.....| 834,030 | 283,321 | 550,709 | 84.2 |
| 8. 1990.....| 563,398 | 35,901 | 527,497 | 57.6 |
| 9. 1991.....| 548,102 | 32,682 | 515,420 | 56.3 |
|10. 1992.....| 987,462 | 411,082 | 576,380 | 99.9 |
|11. 1993.....| 699,079 | 59,463 | 639,616 | 64.1 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 102.3 | 100.9 | 0 | 0 |
| 3. 1985.....| 94.1 | 79.5 | 0 | 0 |
| 4. 1986.....| 19.2 | 50.4 | 0 | 0 |
| 5. 1987.....| 11.2 | 46.3 | 0 | 0 |
| 6. 1988.....| 42.5 | 51.4 | 0 | 0 |
| 7. 1989.....| 281.5 | 61.9 | 0 | 0 |
| 8. 1990.....| 41.5 | 59.1 | 0 | 0 |
| 9. 1991.....| 32.6 | 59.1 | 0 | 0 |
|10. 1992.....| 322.3 | 66.9 | 0 | 0 |
|11. 1993.....| 55.7 | 65.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 22,468 | 64 |
| 2. 1984.....| 100.0 | 3,607 | 100 |
| 3. 1985.....| 100.0 | 4,979 | 144 |
| 4. 1986.....| 100.0 | 7,251 | 208 |
| 5. 1987.....| 100.0 | 18,431 | 578 |
| 6. 1988.....| 100.0 | 31,183 | 3,192 |
| 7. 1989.....| 100.0 | 62,394 | 5,452 |
| 8. 1990.....| 100.0 | 83,585 | 10,440 |
| 9. 1991.....| 100.0 | 123,327 | 24,330 |
|10. 1992.....| 100.0 | 203,810 | 50,353 |
|11. 1993.....| 100.0 | 348,175 | 46,607 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 909,210 | 141,468 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1F - SECTION 1 - MEDICAL MALPRACTICE - OCCURRENCE
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 4,422 |
| 2. 1984.....| 3,982 | 537 | 3,445 | 4,452 |
| 3. 1985.....| 9,980 | 2,351 | 7,629 | 7,549 |
| 4. 1986.....| 17,369 | 4,311 | 13,058 | 4,141 |
| 5. 1987.....| 3,296 | 739 | 2,557 | 10,891 |
| 6. 1988.....| 4,542 | 790 | 3,752 | 14,205 |
| 7. 1989.....| 5,875 | 1,426 | 4,449 | 13,078 |
| 8. 1990.....| 4,250 | 748 | 3,502 | 7,509 |
| 9. 1991.....| 10,018 | 2,918 | 7,100 | 640 |
|10. 1992.....| 3,098 | 801 | 2,297 | 297 |
|11. 1993.....| 12,139 | 12,014 | 125 | 30 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 67,214 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 1,486 | 711 | (9)| 0 |
| 2. 1984.....| 476 | 1,802 | 75 | 0 |
| 3. 1985.....| 1,208 | 2,486 | 161 | 17 |
| 4. 1986.....| 673 | 2,011 | (1)| 10 |
| 5. 1987.....| 3,217 | 3,588 | 114 | 0 |
| 6. 1988.....| 3,744 | 4,766 | 642 | 0 |
| 7. 1989.....| 8,085 | 5,315 | 3,083 | 0 |
| 8. 1990.....| 8,735 | 2,649 | 2,856 | 0 |
| 9. 1991.....| 152 | 216 | 94 | 0 |
|10. 1992.....| 8 | 155 | 6 | 0 |
|11. 1993.....| 0 | 41 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 27,784 | 23,740 | 7,021 | 27 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 451 | 4,107 | X X X X |
| 2. 1984.....| 491 | 6,194 | 219 |
| 3. 1985.....| 443 | 9,109 | 327 |
| 4. 1986.....| 341 | 5,821 | 201 |
| 5. 1987.....| 398 | 11,546 | 334 |
| 6. 1988.....| 622 | 15,207 | 417 |
| 7. 1989.....| 646 | 7,871 | 722 |
| 8. 1990.....| 111 | (1,322)| 145 |
| 9. 1991.....| 123 | 733 | (513)|
|10. 1992.....| 276 | 714 | (390)|
|11. 1993.....| 29 | 100 | 41 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 3,931 | 60,080 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 4,756 | 626 | 1,443 | 494 |
| 2. 1984.....| 798 | 422 | 679 | 13 |
| 3. 1985.....| 15 | 0 | 203 | 70 |
| 4. 1986.....| 0 | 0 | 88 | 87 |
| 5. 1987.....| 105 | (105)| 256 | 161 |
| 6. 1988.....| 209 | 13 | 194 | 168 |
| 7. 1989.....| (2,544)| (2,760)| 206 | 184 |
| 8. 1990.....| (4,145)| (4,397)| 2,371 | 342 |
| 9. 1991.....| 715 | 17 | 2,525 | 1,077 |
|10. 1992.....| 1,326 | 31 | 5,076 | 3,041 |
|11. 1993.....| 888 | 1 | 5,178 | 5,018 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 2,123 | (6,152)| 18,219 | 10,655 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 594 | 89 |
| 2. 1984.....| 0 | 0 | 204 | 11 |
| 3. 1985.....| 0 | 0 | 64 | 24 |
| 4. 1986.....| 0 | 0 | 38 | 38 |
| 5. 1987.....| 0 | 0 | 76 | 49 |
| 6. 1988.....| 0 | 0 | 68 | 67 |
| 7. 1989.....| 0 | 0 | 93 | 92 |
| 8. 1990.....| 0 | 0 | 148 | 143 |
| 9. 1991.....| 0 | 0 | 284 | 233 |
|10. 1992.....| 0 | 0 | 810 | 491 |
|11. 1993.....| 0 | 0 | 1,046 | 934 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 3,425 | 2,171 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 6 | 5,590 | 427 |
| 2. 1984.....| 0 | 30 | 1,265 | 7 |
| 3. 1985.....| 0 | 7 | 195 | 1 |
| 4. 1986.....| 0 | 0 | 1 | 0 |
| 5. 1987.....| 0 | 15 | 347 | 7 |
| 6. 1988.....| 0 | 6 | 229 | 15 |
| 7. 1989.....| 0 | 5 | 244 | 26 |
| 8. 1990.....| 0 | 8 | 2,294 | 9 |
| 9. 1991.....| 0 | 6 | 2,203 | 9 |
|10. 1992.....| 0 | 25 | 3,674 | 10 |
|11. 1993.....| 0 | 2 | 1,161 | 14 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 0 | 110 | 17,203 | 525 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 8,456 | 997 | 7,459 | 212.4 |
| 3. 1985.....| 10,767 | 1,463 | 9,304 | 107.9 |
| 4. 1986.....| 6,619 | 797 | 5,822 | 38.1 |
| 5. 1987.....| 15,329 | 3,436 | 11,893 | 465.1 |
| 6. 1988.....| 20,070 | 4,634 | 15,436 | 441.9 |
| 7. 1989.....| 16,799 | 8,684 | 8,115 | 285.9 |
| 8. 1990.....| 8,651 | 7,679 | 972 | 203.6 |
| 9. 1991.....| 4,509 | 1,573 | 2,936 | 45.0 |
|10. 1992.....| 7,965 | 3,577 | 4,388 | 257.1 |
|11. 1993.....| 7,214 | 5,953 | 1,261 | 59.4 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 185.7 | 216.5 | 0 | 0 |
| 3. 1985.....| 62.2 | 122.0 | 0 | 0 |
| 4. 1986.....| 18.5 | 44.6 | 0 | 0 |
| 5. 1987.....| 465.0 | 465.1 | 0 | 0 |
| 6. 1988.....| 586.6 | 411.4 | 0 | 0 |
| 7. 1989.....| 609.0 | 182.4 | 0 | 0 |
| 8. 1990.....| 1,026.6 | 27.8 | 0 | 0 |
| 9. 1991.....| 53.9 | 41.4 | 0 | 0 |
|10. 1992.....| 446.6 | 191.0 | 0 | 0 |
|11. 1993.....| 49.6 | 1,008.8 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 5,079 | 511 |
| 2. 1984.....| 100.0 | 1,042 | 223 |
| 3. 1985.....| 100.0 | 148 | 47 |
| 4. 1986.....| 100.0 | 1 | 0 |
| 5. 1987.....| 100.0 | 305 | 42 |
| 6. 1988.....| 100.0 | 222 | 7 |
| 7. 1989.....| 100.0 | 238 | 6 |
| 8. 1990.....| 100.0 | 2,281 | 13 |
| 9. 1991.....| 100.0 | 2,146 | 57 |
|10. 1992.....| 100.0 | 3,330 | 344 |
|11. 1993.....| 100.0 | 1,047 | 114 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 15,839 | 1,364 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1F - SECTION 2 - MEDICAL MALPRACTICE - CLAIMS-MADE
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 62 |
| 2. 1984.....| 0 | 0 | 0 | (50)|
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 3 |
| 5. 1987.....| 27,911 | 6,365 | 21,546 | 7,290 |
| 6. 1988.....| 39,164 | 6,905 | 32,259 | 3,554 |
| 7. 1989.....| 54,247 | 13,160 | 41,087 | 9,683 |
| 8. 1990.....| 52,096 | 9,224 | 42,872 | 10,882 |
| 9. 1991.....| 58,487 | 17,044 | 41,443 | 29,610 |
|10. 1992.....| 63,423 | 16,422 | 47,001 | (39,518)|
|11. 1993.....| 89,603 | 23,267 | 66,336 | 3,189 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 24,705 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 30 | 0 | 0 | 0 |
| 2. 1984.....| (24)| 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 2 | 0 | 0 | 0 |
| 5. 1987.....| 3,239 | 763 | 23 | 0 |
| 6. 1988.....| 824 | 1,847 | 52 | 0 |
| 7. 1989.....| 1,673 | 5,912 | 444 | 0 |
| 8. 1990.....| 2,016 | 4,149 | 660 | 0 |
| 9. 1991.....| 4,928 | 7,544 | 132 | 0 |
|10. 1992.....| (44,300)| 2,344 | 25 | 0 |
|11. 1993.....| 2,962 | 72 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| (28,650)| 22,631 | 1,336 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 0 | 32 | X X X X |
| 2. 1984.....| 0 | (26)| 2 |
| 3. 1985.....| 0 | 0 | 6 |
| 4. 1986.....| 0 | 1 | 30 |
| 5. 1987.....| 209 | 5,000 | 83 |
| 6. 1988.....| 255 | 4,780 | 363 |
| 7. 1989.....| 794 | 14,272 | 2,018 |
| 8. 1990.....| 680 | 13,035 | 1,934 |
| 9. 1991.....| 1,349 | 33,443 | 1,968 |
|10. 1992.....| 447 | 7,548 | 2,300 |
|11. 1993.....| 1,005 | 1,304 | 384 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 4,739 | 79,389 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 55 | 18 | 0 | 0 |
| 2. 1984.....| (44)| (14)| 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 2 | 0 | 0 | 0 |
| 5. 1987.....| 6,811 | 1,978 | 9,513 | 8,116 |
| 6. 1988.....| 5,958 | 628 | 2,247 | 1,644 |
| 7. 1989.....| 12,021 | 2,969 | 2,919 | 2,139 |
| 8. 1990.....| 16,291 | 4,718 | 4,759 | 3,457 |
| 9. 1991.....| 22,716 | 2,254 | 14,980 | 10,888 |
|10. 1992.....| 91,781 | 75,810 | 32,563 | 27,366 |
|11. 1993.....| 21,836 | 15,159 | 73,132 | 50,742 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 177,427 | 103,520 | 140,113 | 104,352 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 0 | 0 |
| 2. 1984.....| 0 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 0 | 0 | 2,777 | 2,083 |
| 6. 1988.....| 0 | 0 | 758 | 655 |
| 7. 1989.....| 0 | 0 | 1,073 | 1,010 |
| 8. 1990.....| 0 | 0 | 1,637 | 1,441 |
| 9. 1991.....| 0 | 0 | 3,346 | 2,357 |
|10. 1992.....| 0 | 0 | 5,820 | 2,967 |
|11. 1993.....| 0 | 0 | 16,604 | 6,442 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 32,015 | 16,955 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 37 | 11 |
| 2. 1984.....| 0 | 0 | (30)| 1 |
| 3. 1985.....| 0 | 0 | 0 | 4 |
| 4. 1986.....| 0 | 0 | 2 | 19 |
| 5. 1987.....| 0 | 216 | 7,140 | 26 |
| 6. 1988.....| 0 | 148 | 6,184 | 86 |
| 7. 1989.....| 0 | 256 | 10,151 | 136 |
| 8. 1990.....| 0 | 341 | 13,412 | 235 |
| 9. 1991.....| 0 | 182 | 25,725 | 491 |
|10. 1992.....| 0 | 222 | 24,243 | 525 |
|11. 1993.....| 0 | 230 | 39,459 | 317 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 0 | 1,595 | 126,323 | 1,851 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| (94)| (38)| (56)| 0.0 |
| 3. 1985.....| 0 | 0 | 0 | 0.0 |
| 4. 1986.....| 5 | 2 | 3 | 0.0 |
| 5. 1987.....| 27,579 | 15,439 | 12,140 | 98.8 |
| 6. 1988.....| 14,767 | 3,803 | 10,964 | 37.7 |
| 7. 1989.....| 32,658 | 8,235 | 24,423 | 60.2 |
| 8. 1990.....| 38,739 | 12,292 | 26,447 | 74.4 |
| 9. 1991.....| 79,727 | 20,559 | 59,168 | 136.3 |
|10. 1992.....| 93,659 | 61,868 | 31,791 | 147.7 |
|11. 1993.....| 116,068 | 75,305 | 40,763 | 129.5 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 0.0 | 0.0 | 0 | 0 |
| 3. 1985.....| 0.0 | 0.0 | 0 | 0 |
| 4. 1986.....| 0.0 | 0.0 | 0 | 0 |
| 5. 1987.....| 242.6 | 56.3 | 0 | 0 |
| 6. 1988.....| 55.1 | 34.0 | 0 | 0 |
| 7. 1989.....| 62.6 | 59.4 | 0 | 0 |
| 8. 1990.....| 133.3 | 61.7 | 0 | 0 |
| 9. 1991.....| 120.6 | 142.8 | 0 | 0 |
|10. 1992.....| 376.7 | 67.6 | 0 | 0 |
|11. 1993.....| 323.7 | 61.4 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 37 | 0 |
| 2. 1984.....| 100.0 | (30)| 0 |
| 3. 1985.....| 100.0 | 0 | 0 |
| 4. 1986.....| 100.0 | 2 | 0 |
| 5. 1987.....| 100.0 | 6,230 | 910 |
| 6. 1988.....| 100.0 | 5,933 | 251 |
| 7. 1989.....| 100.0 | 9,832 | 319 |
| 8. 1990.....| 100.0 | 12,875 | 537 |
| 9. 1991.....| 100.0 | 24,554 | 1,171 |
|10. 1992.....| 100.0 | 21,168 | 3,075 |
|11. 1993.....| 100.0 | 29,067 | 10,392 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 109,668 | 16,655 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT
(ALL PERILS), BOILER AND MACHINERY)
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 6,435 |
| 2. 1984.....| 308,846 | 104,367 | 204,479 | 236,072 |
| 3. 1985.....| 323,837 | 176,515 | 147,322 | 188,397 |
| 4. 1986.....| 330,056 | 167,189 | 162,867 | 130,543 |
| 5. 1987.....| 383,438 | 149,011 | 234,427 | 271,871 |
| 6. 1988.....| 430,300 | 220,732 | 209,568 | 312,575 |
| 7. 1989.....| 392,484 | 191,061 | 201,423 | 343,113 |
| 8. 1990.....| 321,738 | 151,662 | 170,076 | 231,411 |
| 9. 1991.....| 320,139 | 156,382 | 163,757 | 207,823 |
|10. 1992.....| 357,369 | 224,689 | 132,680 | 142,905 |
|11. 1993.....| 372,075 | 175,209 | 196,866 | 85,230 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 2,156,375 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| (4,232)| 1,352 | 1,006 | 160 |
| 2. 1984.....| 86,341 | 10,694 | 2,829 | 4,632 |
| 3. 1985.....| 58,245 | 12,263 | 3,677 | 3,796 |
| 4. 1986.....| 36,172 | 10,712 | 5,203 | 5,255 |
| 5. 1987.....| 98,263 | 14,422 | 7,601 | 4,480 |
| 6. 1988.....| 129,576 | 17,797 | 10,264 | 4,809 |
| 7. 1989.....| 177,928 | 15,668 | 10,263 | 1,712 |
| 8. 1990.....| 92,101 | 9,817 | 5,041 | 1,936 |
| 9. 1991.....| 100,043 | 12,273 | 6,703 | 574 |
|10. 1992.....| 68,772 | 7,046 | 2,607 | (2,065)|
|11. 1993.....| 29,007 | 3,500 | 387 | 753 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 872,216 | 115,544 | 55,581 | 26,042 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 4 | 11,017 | X X X X |
| 2. 1984.....| 4,542 | 162,138 | 0 |
| 3. 1985.....| 4,394 | 143,132 | 0 |
| 4. 1986.....| 4,173 | 104,053 | 0 |
| 5. 1987.....| 4,977 | 185,406 | 0 |
| 6. 1988.....| 5,093 | 195,625 | 0 |
| 7. 1989.....| 4,107 | 174,697 | 0 |
| 8. 1990.....| 2,844 | 146,930 | 0 |
| 9. 1991.....| 181 | 113,531 | 0 |
|10. 1992.....| 153 | 78,725 | 0 |
|11. 1993.....| 98 | 59,434 | 0 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 30,566 | 1,374,688 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 44,515 | 31,854 | 4,258 | 67 |
| 2. 1984.....| 2,651 | 865 | 2,293 | 68 |
| 3. 1985.....| 9,797 | 3,842 | 2,292 | 68 |
| 4. 1986.....| 7,566 | 5,760 | 2,308 | 95 |
| 5. 1987.....| 10,816 | 9,257 | 2,634 | 311 |
| 6. 1988.....| 47,189 | 43,146 | 2,725 | 1,369 |
| 7. 1989.....| 34,310 | 28,788 | 3,586 | 2,117 |
| 8. 1990.....| 34,732 | 37,575 | 15,221 | 4,298 |
| 9. 1991.....| 30,310 | 25,130 | 52,384 | 29,436 |
|10. 1992.....| 73,617 | 51,551 | 106,361 | 84,612 |
|11. 1993.....| 66,377 | 17,118 | 163,970 | 93,511 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 361,880 | 254,886 | 358,032 | 215,952 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 13 | 7 |
| 2. 1984.....| 0 | 0 | 12 | 9 |
| 3. 1985.....| 0 | 0 | 12 | 9 |
| 4. 1986.....| 0 | 0 | 17 | 13 |
| 5. 1987.....| 0 | 0 | 55 | 42 |
| 6. 1988.....| 0 | 0 | 3,254 | 3,176 |
| 7. 1989.....| 0 | 0 | 3,401 | 3,291 |
| 8. 1990.....| 0 | 0 | 4,813 | 4,575 |
| 9. 1991.....| 0 | 0 | 5,174 | 1,938 |
|10. 1992.....| 0 | 0 | 14,736 | 9,320 |
|11. 1993.....| 0 | 0 | 24,591 | 13,239 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 56,078 | 35,619 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 25 | 0 | 16,858 | 7,599 |
| 2. 1984.....| 25 | 2 | 4,016 | 369 |
| 3. 1985.....| 50 | 2 | 8,184 | 304 |
| 4. 1986.....| 50 | 2 | 4,025 | 261 |
| 5. 1987.....| 150 | 4 | 3,899 | 311 |
| 6. 1988.....| 175 | 40 | 5,517 | 343 |
| 7. 1989.....| 475 | 51 | 7,152 | 377 |
| 8. 1990.....| 900 | 117 | 8,435 | 394 |
| 9. 1991.....| 1,050 | 261 | 31,625 | 497 |
|10. 1992.....| 2,700 | 794 | 50,025 | 611 |
|11. 1993.....| 4,225 | 2,111 | 133,181 | 1,573 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 9,825 | 3,384 | 272,917 | 12,639 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 256,266 | 90,112 | 166,154 | 83.0 |
| 3. 1985.....| 217,157 | 65,841 | 151,316 | 67.1 |
| 4. 1986.....| 155,321 | 47,243 | 108,078 | 47.1 |
| 5. 1987.....| 304,779 | 115,474 | 189,305 | 79.5 |
| 6. 1988.....| 388,673 | 187,531 | 201,142 | 90.3 |
| 7. 1989.....| 404,236 | 222,387 | 181,849 | 103.0 |
| 8. 1990.....| 298,955 | 143,590 | 155,365 | 92.9 |
| 9. 1991.....| 308,406 | 163,250 | 145,156 | 96.3 |
|10. 1992.....| 345,612 | 216,862 | 128,750 | 96.7 |
|11. 1993.....| 345,877 | 153,262 | 192,615 | 93.0 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 86.3 | 81.3 | 0 | 0 |
| 3. 1985.....| 37.3 | 102.7 | 0 | 0 |
| 4. 1986.....| 28.3 | 66.4 | 0 | 0 |
| 5. 1987.....| 77.5 | 80.8 | 0 | 0 |
| 6. 1988.....| 85.0 | 96.0 | 0 | 0 |
| 7. 1989.....| 116.4 | 90.3 | 0 | 0 |
| 8. 1990.....| 94.7 | 91.4 | 0 | 0 |
| 9. 1991.....| 104.4 | 88.6 | 0 | 0 |
|10. 1992.....| 96.5 | 97.0 | 0 | 0 |
|11. 1993.....| 87.5 | 97.8 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 16,852 | 6 |
| 2. 1984.....| 100.0 | 4,011 | 5 |
| 3. 1985.....| 100.0 | 8,179 | 5 |
| 4. 1986.....| 100.0 | 4,019 | 6 |
| 5. 1987.....| 100.0 | 3,882 | 17 |
| 6. 1988.....| 100.0 | 5,399 | 118 |
| 7. 1989.....| 100.0 | 6,991 | 161 |
| 8. 1990.....| 100.0 | 8,080 | 355 |
| 9. 1991.....| 100.0 | 28,128 | 3,497 |
|10. 1992.....| 100.0 | 43,815 | 6,210 |
|11. 1993.....| 100.0 | 119,718 | 13,463 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 249,074 | 23,843 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1H - SECTION 1 - OTHER LIABILITY - OCCURRENCE
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 27,695 |
| 2. 1984.....| 159,778 | 50,894 | 108,884 | 235,626 |
| 3. 1985.....| 252,680 | 72,762 | 179,918 | 307,589 |
| 4. 1986.....| 412,116 | 146,511 | 265,605 | 188,222 |
| 5. 1987.....| 519,927 | 151,804 | 368,123 | 135,923 |
| 6. 1988.....| 600,049 | 199,659 | 400,390 | 213,822 |
| 7. 1989.....| 595,214 | 173,319 | 421,895 | 207,875 |
| 8. 1990.....| 439,444 | 142,629 | 296,815 | 85,410 |
| 9. 1991.....| 213,910 | 86,005 | 127,905 | 40,883 |
|10. 1992.....| 271,116 | 104,922 | 166,194 | 129,227 |
|11. 1993.....| 286,391 | 73,491 | 212,900 | 40,668 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 1,612,940 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 31,435 | 18,882 | 8,277 | 539 |
| 2. 1984.....| 105,331 | 50,352 | 17,219 | 165 |
| 3. 1985.....| 135,750 | 41,287 | 6,935 | (1,117)|
| 4. 1986.....| 65,415 | 39,505 | 8,698 | 547 |
| 5. 1987.....| 19,796 | 25,948 | 2,239 | 213 |
| 6. 1988.....| 58,387 | 43,777 | 2,490 | 479 |
| 7. 1989.....| 54,908 | 41,399 | 3,947 | 180 |
| 8. 1990.....| 41,022 | 19,357 | 2,469 | 76 |
| 9. 1991.....| 8,876 | 8,242 | 831 | 101 |
|10. 1992.....| 72,148 | 5,627 | 5,146 | 101 |
|11. 1993.....| 3,895 | 3,331 | 120 | 28 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 596,963 | 297,707 | 58,371 | 1,312 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| (123)| 6,742 | X X X X |
| 2. 1984.....| 6,835 | 170,263 | 17,885 |
| 3. 1985.....| 8,478 | 214,669 | 15,373 |
| 4. 1986.....| 7,578 | 161,192 | 26,210 |
| 5. 1987.....| 6,806 | 146,642 | 14,024 |
| 6. 1988.....| 8,640 | 205,362 | 28,439 |
| 7. 1989.....| 10,773 | 201,192 | 22,052 |
| 8. 1990.....| 7,052 | 68,328 | 19,180 |
| 9. 1991.....| 5,326 | 44,744 | 15,298 |
|10. 1992.....| 5,366 | 62,926 | 12,170 |
|11. 1993.....| 6,058 | 46,042 | 9,088 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 72,789 | 1,328,102 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 234,403 | 175,191 | 4,946 | 500 |
| 2. 1984.....| 40,997 | 21,745 | 5,797 | 2,708 |
| 3. 1985.....| 40,806 | 19,305 | 6,543 | 3,800 |
| 4. 1986.....| 14,708 | 2,158 | 8,655 | 5,096 |
| 5. 1987.....| 16,428 | (3,192)| 20,234 | 6,628 |
| 6. 1988.....| 40,207 | (14,270)| 36,035 | 20,272 |
| 7. 1989.....| 62,985 | 14,597 | 63,530 | 30,881 |
| 8. 1990.....| 58,661 | 25,895 | 98,143 | 41,741 |
| 9. 1991.....| 31,039 | (6,517)| 59,111 | 44,285 |
|10. 1992.....| 28,329 | 4,198 | 85,388 | 63,801 |
|11. 1993.....| 48,606 | 12,336 | 136,996 | 75,688 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 617,169 | 251,446 | 525,378 | 295,400 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 4,128 | 3,004 |
| 2. 1984.....| 0 | 0 | 2,210 | 901 |
| 3. 1985.....| 0 | 0 | 3,653 | 1,213 |
| 4. 1986.....| 0 | 0 | 5,115 | 2,395 |
| 5. 1987.....| 0 | 0 | 7,961 | 3,562 |
| 6. 1988.....| 0 | 0 | 18,941 | 5,645 |
| 7. 1989.....| 0 | 0 | 26,525 | 9,706 |
| 8. 1990.....| 0 | 0 | 33,624 | 11,838 |
| 9. 1991.....| 0 | 0 | 33,822 | 7,664 |
|10. 1992.....| 0 | 0 | 36,222 | 8,195 |
|11. 1993.....| 0 | 0 | 47,663 | 9,103 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 219,864 | 63,226 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 37 | 126 | 64,908 | 3,333 |
| 2. 1984.....| 0 | 149 | 23,799 | 433 |
| 3. 1985.....| 22 | 141 | 26,825 | 523 |
| 4. 1986.....| (1)| 313 | 19,142 | 314 |
| 5. 1987.....| 1 | 301 | 37,926 | 460 |
| 6. 1988.....| (1)| 1,190 | 84,726 | 977 |
| 7. 1989.....| 0 | 1,622 | 99,478 | 1,332 |
| 8. 1990.....| 2 | 2,476 | 113,430 | 1,370 |
| 9. 1991.....| 15 | 3,888 | 82,428 | 1,553 |
|10. 1992.....| 15 | 2,996 | 76,741 | 2,274 |
|11. 1993.....| 33 | 4,131 | 140,269 | 4,434 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 123 | 17,333 | 769,672 | 17,003 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 341,966 | 147,904 | 194,062 | 214.0 |
| 3. 1985.....| 408,497 | 167,003 | 241,494 | 161.7 |
| 4. 1986.....| 264,096 | 83,762 | 180,334 | 64.1 |
| 5. 1987.....| 213,601 | 29,033 | 184,568 | 41.1 |
| 6. 1988.....| 362,612 | 72,524 | 290,088 | 60.4 |
| 7. 1989.....| 414,709 | 114,039 | 300,670 | 69.7 |
| 8. 1990.....| 304,723 | 122,965 | 181,758 | 69.3 |
| 9. 1991.....| 182,311 | 55,139 | 127,172 | 85.2 |
|10. 1992.....| 293,155 | 153,488 | 139,667 | 108.1 |
|11. 1993.....| 287,453 | 101,142 | 186,311 | 100.4 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 290.6 | 178.2 | 0 | 0 |
| 3. 1985.....| 229.5 | 134.2 | 0 | 0 |
| 4. 1986.....| 57.2 | 67.9 | 0 | 0 |
| 5. 1987.....| 19.1 | 50.1 | 0 | 0 |
| 6. 1988.....| 36.3 | 72.5 | 0 | 0 |
| 7. 1989.....| 65.8 | 71.3 | 0 | 0 |
| 8. 1990.....| 86.2 | 61.2 | 0 | 0 |
| 9. 1991.....| 64.1 | 99.4 | 0 | 0 |
|10. 1992.....| 146.3 | 84.0 | 0 | 0 |
|11. 1993.....| 137.6 | 87.5 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 63,658 | 1,250 |
| 2. 1984.....| 100.0 | 22,341 | 1,458 |
| 3. 1985.....| 100.0 | 24,244 | 2,581 |
| 4. 1986.....| 100.0 | 16,109 | 3,033 |
| 5. 1987.....| 100.0 | 33,226 | 4,700 |
| 6. 1988.....| 100.0 | 70,240 | 14,486 |
| 7. 1989.....| 100.0 | 81,037 | 18,441 |
| 8. 1990.....| 100.0 | 89,168 | 24,262 |
| 9. 1991.....| 100.0 | 52,382 | 30,046 |
|10. 1992.....| 100.0 | 45,718 | 31,023 |
|11. 1993.....| 100.0 | 97,578 | 42,691 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 595,701 | 173,971 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1H - SECTION 2 - OTHER LIABILITY - CLAIMS-MADE
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 72 |
| 2. 1984.....| 0 | 0 | 0 | (37)|
| 3. 1985.....| 0 | 0 | 0 | 5 |
| 4. 1986.....| 0 | 0 | 0 | 3 |
| 5. 1987.....| 0 | 0 | 0 | 30 |
| 6. 1988.....| 0 | 0 | 0 | 49 |
| 7. 1989.....| 0 | 0 | 0 | (122)|
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 120,760 | 48,999 | 71,761 | 33,070 |
|10. 1992.....| 134,611 | 51,702 | 82,909 | 15,107 |
|11. 1993.....| 185,852 | 39,961 | 145,891 | 425 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 48,602 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 68 | 3 | 15 | 0 |
| 2. 1984.....| (41)| 2 | (3)| 0 |
| 3. 1985.....| 0 | 0 | 1 | 0 |
| 4. 1986.....| (1)| 1 | 1 | 0 |
| 5. 1987.....| 9 | 0 | 0 | 0 |
| 6. 1988.....| 3 | 2 | 3 | 0 |
| 7. 1989.....| (38)| (8)| (17)| 0 |
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 7,986 | 753 | 90 | 0 |
|10. 1992.....| 9 | 687 | 0 | 4 |
|11. 1993.....| 0 | 286 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 7,995 | 1,726 | 90 | 4 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| 0 | (8)| X X X X |
| 2. 1984.....| 0 | 9 | 23 |
| 3. 1985.....| 0 | 4 | 19 |
| 4. 1986.....| 0 | 4 | 61 |
| 5. 1987.....| 0 | 21 | 43 |
| 6. 1988.....| 0 | 45 | 83 |
| 7. 1989.....| 0 | (75)| 190 |
| 8. 1990.....| 0 | 0 | 336 |
| 9. 1991.....| 517 | 26,264 | 2,999 |
|10. 1992.....| 189 | 15,974 | 2,265 |
|11. 1993.....| 51 | 762 | 953 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 757 | 43,000 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 543 | 312 | 0 | 0 |
| 2. 1984.....| (399)| (229)| 0 | 0 |
| 3. 1985.....| 33 | 12 | 0 | 0 |
| 4. 1986.....| 9 | 4 | 0 | 0 |
| 5. 1987.....| 10 | 3 | 0 | 0 |
| 6. 1988.....| 87 | 81 | 0 | 0 |
| 7. 1989.....| (283)| (183)| 0 | 0 |
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 9,147 | 1,772 | 21,006 | 11,593 |
|10. 1992.....| 26,174 | 7,398 | 29,738 | 15,376 |
|11. 1993.....| 35,971 | 23,571 | 57,230 | 8,751 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 71,292 | 32,741 | 107,974 | 35,720 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 0 | 0 |
| 2. 1984.....| 0 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 0 | 0 | 0 | 0 |
| 6. 1988.....| 0 | 0 | 0 | 0 |
| 7. 1989.....| 0 | 0 | 0 | 0 |
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 0 | 0 | 4,489 | 1,816 |
|10. 1992.....| 0 | 0 | 12,982 | 1,844 |
|11. 1993.....| 0 | 0 | 37,623 | 2,289 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 55,094 | 5,949 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| | | | | |
| 1. Prior ...| 0 | 0 | 231 | 33 |
| 2. 1984.....| 0 | 0 | (170)| 12 |
| 3. 1985.....| 0 | 0 | 21 | 11 |
| 4. 1986.....| 0 | 0 | 5 | 36 |
| 5. 1987.....| 0 | 0 | 7 | 28 |
| 6. 1988.....| 0 | 0 | 6 | 46 |
| 7. 1989.....| 0 | 0 | (100)| 126 |
| 8. 1990.....| 0 | 0 | 0 | 198 |
| 9. 1991.....| 0 | 2,836 | 22,297 | 301 |
|10. 1992.....| 0 | 2,101 | 46,377 | 446 |
|11. 1993.....| 0 | 1,248 | 97,461 | 576 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 0 | 6,185 | 166,135 | 1,813 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| (434)| (273)| (161)| 0.0 |
| 3. 1985.....| 38 | 13 | 25 | 0.0 |
| 4. 1986.....| 13 | 4 | 9 | 0.0 |
| 5. 1987.....| 40 | 12 | 28 | 0.0 |
| 6. 1988.....| 138 | 87 | 51 | 0.0 |
| 7. 1989.....| (413)| (238)| (175)| 0.0 |
| 8. 1990.....| 0 | 0 | 0 | 0.0 |
| 9. 1991.....| 71,818 | 23,257 | 48,561 | 59.5 |
|10. 1992.....| 86,978 | 24,627 | 62,351 | 64.6 |
|11. 1993.....| 132,834 | 34,611 | 98,223 | 71.5 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 0.0 | 0.0 | 0 | 0 |
| 3. 1985.....| 0.0 | 0.0 | 0 | 0 |
| 4. 1986.....| 0.0 | 0.0 | 0 | 0 |
| 5. 1987.....| 0.0 | 0.0 | 0 | 0 |
| 6. 1988.....| 0.0 | 0.0 | 0 | 0 |
| 7. 1989.....| 0.0 | 0.0 | 0 | 0 |
| 8. 1990.....| 0.0 | 0.0 | 0 | 0 |
| 9. 1991.....| 47.5 | 67.7 | 0 | 0 |
|10. 1992.....| 47.6 | 75.2 | 0 | 0 |
|11. 1993.....| 86.6 | 67.3 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves|
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | Loss |
| |Participation | Losses | Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| | | | |
| 1. Prior ...| X X X X | 231 | 0 |
| 2. 1984.....| 100.0 | (170)| 0 |
| 3. 1985.....| 100.0 | 21 | 0 |
| 4. 1986.....| 100.0 | 5 | 0 |
| 5. 1987.....| 100.0 | 7 | 0 |
| 6. 1988.....| 100.0 | 6 | 0 |
| 7. 1989.....| 100.0 | (100)| 0 |
| 8. 1990.....| 100.0 | 0 | 0 |
| 9. 1991.....| 100.0 | 16,788 | 5,509 |
|10. 1992.....| 100.0 | 33,138 | 13,239 |
|11. 1993.....| 100.0 | 60,879 | 36,582 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 110,805 | 55,330 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1I - SPECIAL PROPERTY (FIRE, ALLIED LINES,
INLAND MARINE, EARTHQUAKE, GLASS, BURGLARY AND THEFT)
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 56,732 |
| 2. 1992.....| 564,283 | 269,460 | 294,823 | 570,780 |
| 3. 1993.....| 559,178 | 298,998 | 260,180 | 203,531 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | 831,043 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
-------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 41,725 | 6,453 | 2,705 | 6,206 |
| 2. 1992.....| 373,099 | 15,195 | 4,592 | 4,446 |
| 3. 1993.....| 101,372 | 4,675 | 871 | 1,999 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 516,196 | 26,323 | 8,168 | 12,651 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 90 | 18,845 | X X X X |
| 2. 1992.....| 2,065 | 210,349 | X X X X |
| 3. 1993.....| 1,676 | 107,639 | X X X X |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| 3,831 | 336,833 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 91,684 | 83,171 | 63 | 12 |
| 2. 1992.....| 69,994 | 46,673 | 15,074 | 13,360 |
| 3. 1993.....| 91,334 | 47,689 | 206,595 | 166,561 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| 253,012 | 177,533 | 221,732 | 179,933 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 3,174 | 2,998 |
| 2. 1992.....| 0 | 0 | 38,450 | 36,724 |
| 3. 1993.....| 0 | 0 | 8,944 | 1,152 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 0 | 0 | 50,568 | 40,874 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ...| 1,265 | 10 | 8,750 | 3,103 |
| 2. 1992.....| 948 | 180 | 26,941 | 1,702 |
| 3. 1993.....| 1,921 | 405 | 91,876 | 6,043 |
|-------------|--------------|--------------|--------------|-------------|
| 4. Totals ..| 4,134 | 595 | 127,567 | 10,848 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.....| 711,738 | 474,448 | 237,290 | 126.1 |
| 3. 1993.....| 517,160 | 317,645 | 199,515 | 92.5 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1992.....| 176.1 | 80.5 | 0 | 0 |
| 3. 1993.....| 106.2 | 76.7 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| X X X X | 8,564 | 186 |
| 2. 1992.....| 100.0 | 25,035 | 1,906 |
| 3. 1993.....| 100.0 | 83,679 | 8,197 |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | 117,278 | 10,289 |
----------------------------------------------------------
SCHEDULE P - PART 1J - AUTO PHYSICAL DAMAGE
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 3,091 |
| 2. 1992.....| 241,372 | 24,712 | 216,660 | 117,825 |
| 3. 1993.....| 259,172 | 16,175 | 242,997 | 112,460 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | 233,376 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 518 | 1,111 | 236 | 1,397 |
| 2. 1992.....| 8,113 | 15,172 | 444 | 14,035 |
| 3. 1993.....| 3,132 | 18,021 | 80 | 7,688 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 11,763 | 34,304 | 760 | 23,120 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 48 | 3,496 | X X X X |
| 2. 1992.....| 4,193 | 128,633 | 146,435 |
| 3. 1993.....| 4,934 | 132,203 | 102,682 |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| 9,175 | 264,332 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 4,892 | 3,911 | 411 | 193 |
| 2. 1992.....| 997 | (437)| 2,909 | 1,537 |
| 3. 1993.....| 6,281 | 245 | 5,509 | 2,513 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| 12,170 | 3,719 | 8,829 | 4,243 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 605 | 151 |
| 2. 1992.....| 0 | 0 | 938 | 184 |
| 3. 1993.....| 0 | 0 | 3,081 | 543 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 0 | 0 | 4,624 | 878 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ...| 1,739 | 0 | 1,653 | 1,965 |
| 2. 1992.....| 1,901 | 139 | 3,699 | 748 |
| 3. 1993.....| 9,233 | 249 | 11,819 | 5,236 |
|-------------|--------------|--------------|--------------|-------------|
| 4. Totals ..| 12,873 | 388 | 17,171 | 7,949 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.....| 142,173 | 9,841 | 132,332 | 58.9 |
| 3. 1993.....| 150,535 | 6,513 | 144,022 | 58.1 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1992.....| 39.8 | 61.1 | 0 | 0 |
| 3. 1993.....| 40.3 | 59.3 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| X X X X | 1,199 | 454 |
| 2. 1992.....| 100.0 | 2,806 | 893 |
| 3. 1993.....| 100.0 | 9,032 | 2,787 |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | 13,037 | 4,134 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1K - FIDELITY, SURETY, FINANCIAL GUARANTY,
MORTGAGE GUARANTY
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 7,558 |
| 2. 1992.....| 128,726 | 36,572 | 92,154 | 38,376 |
| 3. 1993.....| 141,181 | 6,056 | 135,125 | 23,257 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | 69,191 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| (3,451)| 1,682 | (331)| 3,920 |
| 2. 1992.....| 23,461 | 1,725 | 121 | 631 |
| 3. 1993.....| 40 | 1,155 | (1)| 993 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 20,050 | 4,562 | (211)| 5,544 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 114 | 13,136 | X X X X |
| 2. 1992.....| 479 | 16,998 | X X X X |
| 3. 1993.....| 607 | 24,980 | X X X X |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| 1,200 | 55,114 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 38,264 | 14,180 | 2,938 | 941 |
| 2. 1992.....| 5,315 | 7,626 | 11,194 | 3,264 |
| 3. 1993.....| 27,358 | 3,997 | 45,649 | 24,291 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| 70,937 | 25,803 | 59,781 | 28,496 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 2,420 | 402 |
| 2. 1992.....| 0 | 0 | 5,341 | 1,948 |
| 3. 1993.....| 0 | 0 | 7,801 | 3,612 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 0 | 0 | 15,562 | 5,962 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ...| 5,271 | 62 | 28,161 | 1,072 |
| 2. 1992.....| 1,692 | 39 | 9,051 | 214 |
| 3. 1993.....| 1,053 | 139 | 49,047 | 658 |
|-------------|--------------|--------------|--------------|-------------|
| 4. Totals ..| 8,016 | 240 | 86,259 | 1,944 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.....| 62,469 | 36,420 | 26,049 | 48.5 |
| 3. 1993.....| 105,966 | 31,939 | 74,027 | 75.1 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1992.....| 99.6 | 28.3 | 0 | 0 |
| 3. 1993.....| 527.4 | 54.8 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| X X X X | 26,081 | 2,080 |
| 2. 1992.....| 100.0 | 5,619 | 3,432 |
| 3. 1993.....| 100.0 | 44,719 | 4,328 |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | 76,419 | 9,840 |
----------------------------------------------------------
SCHEDULE P - PART 1L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH)
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 6,074 |
| 2. 1992.....| 141,347 | 54,796 | 86,551 | 89,856 |
| 3. 1993.....| 111,012 | 69,964 | 41,048 | 27,019 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | 122,949 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 6,284 | 354 | 73 | 1,453 |
| 2. 1992.....| 38,679 | 844 | 389 | 256 |
| 3. 1993.....| 11,213 | 131 | 47 | 59 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 56,176 | 1,329 | 509 | 1,768 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 1 | 72 | X X X X |
| 2. 1992.....| 123 | 51,755 | X X X X |
| 3. 1993.....| 70 | 15,960 | X X X X |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| 194 | 67,787 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 4,519 | 4,133 | 7 | (1)|
| 2. 1992.....| 4,859 | 2,760 | 1,042 | 815 |
| 3. 1993.....| 20,843 | 7,195 | 19,166 | 13,841 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| 30,221 | 14,088 | 20,215 | 14,655 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 913 | 889 |
| 2. 1992.....| 0 | 0 | 965 | 732 |
| 3. 1993.....| 0 | 0 | 4,623 | 1,453 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| 0 | 0 | 6,501 | 3,074 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ...| 950 | 0 | 418 | 263 |
| 2. 1992.....| 259 | 828 | 3,387 | 1,214 |
| 3. 1993.....| 1,150 | 92 | 22,235 | 944 |
|-------------|--------------|--------------|--------------|-------------|
| 4. Totals ..| 2,359 | 920 | 26,040 | 2,421 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.....| 98,517 | 43,375 | 55,142 | 69.7 |
| 3. 1993.....| 71,944 | 33,749 | 38,195 | 64.8 |
|-------------|-------------|-------------|-------------|--------------|
| 4. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1992.....| 79.2 | 63.7 | 0 | 0 |
| 3. 1993.....| 48.2 | 93.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| X X X X | 394 | 24 |
| 2. 1992.....| 100.0 | 2,326 | 1,061 |
| 3. 1993.....| 100.0 | 18,973 | 3,262 |
|-------------|--------------|--------------|--------------|
| 4. Totals ..| X X X X | 21,693 | 4,347 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1M - INTERNATIONAL
(000 omitted)
-----------------------------------------------------------------------
| | Premiums Earned |
| 1 |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ..| X X X X | X X X X | X X X X | 0 |
| 2. 1984....| 0 | 0 | 0 | 0 |
| 3. 1985....| 0 | 0 | 0 | 0 |
| 4. 1986....| 0 | 0 | 0 | 0 |
| 5. 1987....| 0 | 0 | 0 | 0 |
| 6. 1988....| 0 | 0 | 0 | 0 |
| 7. 1989....| 0 | 0 | 0 | 0 |
| 8. 1990....| 0 | 0 | 0 | (8,905)|
| 9. 1991....| 16,182 | 0 | 16,182 | 6,146 |
|10. 1992....| 14,670 | 0 | 14,670 | 5,687 |
|11. 1993....| 12,377 | 0 | 12,377 | 2,622 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 5,550 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| |
| 1 |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ..| 0 | 0 | 0 | 0 |
| 2. 1984....| 0 | 0 | 0 | 0 |
| 3. 1985....| 0 | 0 | 0 | 0 |
| 4. 1986....| 0 | 0 | 0 | 0 |
| 5. 1987....| 0 | 0 | 0 | 0 |
| 6. 1988....| 0 | 0 | 0 | 0 |
| 7. 1989....| 0 | 0 | 0 | 0 |
| 8. 1990....| 0 | 2,210 | 0 | 307 |
| 9. 1991....| 0 | 528 | 0 | 66 |
|10. 1992....| 0 | 373 | 0 | 39 |
|11. 1993....| 0 | 109 | 0 | 43 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 3,220 | 0 | 455 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | |
| 1 |-----------------------------| 12 |
| Years | 10 | 11 | |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ..| 0 | 0 | X X X X |
| 2. 1984....| 0 | 0 | X X X X |
| 3. 1985....| 0 | 0 | X X X X |
| 4. 1986....| 0 | 0 | X X X X |
| 5. 1987....| 0 | 0 | X X X X |
| 6. 1988....| 0 | 0 | X X X X |
| 7. 1989....| 0 | 0 | X X X X |
| 8. 1990....| 0 | (6,695)| X X X X |
| 9. 1991....| 0 | 6,674 | X X X X |
|10. 1992....| 0 | 6,060 | X X X X |
|11. 1993....| 0 | 2,731 | X X X X |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 8,770 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ..| 2 | 2 | 0 | 0 |
| 2. 1984....| 0 | 0 | 0 | 0 |
| 3. 1985....| 0 | 0 | 0 | 0 |
| 4. 1986....| 0 | 0 | 0 | 0 |
| 5. 1987....| 0 | 0 | 0 | 0 |
| 6. 1988....| 0 | 0 | 0 | 0 |
| 7. 1989....| 0 | 0 | 0 | 0 |
| 8. 1990....| 4,405 | 0 | 2,076 | 0 |
| 9. 1991....| 1,600 | 0 | 1,655 | 0 |
|10. 1992....| 1,566 | 0 | 1,831 | 0 |
|11. 1993....| 2,096 | 0 | 4,122 | 1 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 9,669 | 2 | 9,684 | 1 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ..| 0 | 0 | 0 | 0 |
| 2. 1984....| 0 | 0 | 0 | 0 |
| 3. 1985....| 0 | 0 | 0 | 0 |
| 4. 1986....| 0 | 0 | 0 | 0 |
| 5. 1987....| 0 | 0 | 0 | 0 |
| 6. 1988....| 0 | 0 | 0 | 0 |
| 7. 1989....| 0 | 0 | 0 | 0 |
| 8. 1990....| 0 | 0 | 619 | 0 |
| 9. 1991....| 0 | 0 | 498 | 0 |
|10. 1992....| 0 | 0 | 547 | 0 |
|11. 1993....| 0 | 0 | 641 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 2,305 | 0 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct |
| | Anticipated | Unpaid | Unpaid | and Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ..| 0 | 0 | 0 | 0 |
| 2. 1984....| 0 | 0 | 0 | 0 |
| 3. 1985....| 0 | 0 | 0 | 0 |
| 4. 1986....| 0 | 0 | 0 | 0 |
| 5. 1987....| 0 | 0 | 0 | 0 |
| 6. 1988....| 0 | 0 | 0 | 0 |
| 7. 1989....| 0 | 0 | 0 | 0 |
| 8. 1990....| 0 | 94 | 7,194 | 0 |
| 9. 1991....| 0 | 46 | 3,799 | 0 |
|10. 1992....| 0 | 46 | 3,990 | 0 |
|11. 1993....| 0 | 70 | 6,928 | 0 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 0 | 256 | 21,911 | 0 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ..| X X X X | X X X X | X X X X | X X X X |
| 2. 1984....| 0 | 0 | 0 | 0.0 |
| 3. 1985....| 0 | 0 | 0 | 0.0 |
| 4. 1986....| 0 | 0 | 0 | 0.0 |
| 5. 1987....| 0 | 0 | 0 | 0.0 |
| 6. 1988....| 0 | 0 | 0 | 0.0 |
| 7. 1989....| 0 | 0 | 0 | 0.0 |
| 8. 1990....| 499 | 0 | 499 | 0.0 |
| 9. 1991....| 10,473 | 0 | 10,473 | 64.7 |
|10. 1992....| 10,050 | 0 | 10,050 | 68.5 |
|11. 1993....| 9,660 | 1 | 9,659 | 78.0 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ..| X X X X | X X X X | 0 | 0 |
| 2. 1984....| 0.0 | 0.0 | 0 | 0 |
| 3. 1985....| 0.0 | 0.0 | 0 | 0 |
| 4. 1986....| 0.0 | 0.0 | 0 | 0 |
| 5. 1987....| 0.0 | 0.0 | 0 | 0 |
| 6. 1988....| 0.0 | 0.0 | 0 | 0 |
| 7. 1989....| 0.0 | 0.0 | 0 | 0 |
| 8. 1990....| 0.0 | 0.0 | 0 | 0 |
| 9. 1991....| 0.0 | 64.7 | 0 | 0 |
|10. 1992....| 0.0 | 68.5 | 0 | 0 |
|11. 1993....| 0.0 | 78.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| |Inter-Company |-----------------------------|
| | Pooling | 34 | 35 |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ..| X X X X | 0 | 0 |
| 2. 1984....| 100.0 | 0 | 0 |
| 3. 1985....| 100.0 | 0 | 0 |
| 4. 1986....| 100.0 | 0 | 0 |
| 5. 1987....| 100.0 | 0 | 0 |
| 6. 1988....| 100.0 | 0 | 0 |
| 7. 1989....| 100.0 | 0 | 0 |
| 8. 1990....| 100.0 | 6,481 | 713 |
| 9. 1991....| 100.0 | 3,255 | 544 |
|10. 1992....| 100.0 | 3,397 | 593 |
|11. 1993....| 100.0 | 6,217 | 711 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 19,350 | 2,561 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1N - REINSURANCE A
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 21,526 | 0 | 21,526 | 16,695 |
| 2. 1989.....| 43,987 | 13,766 | 30,221 | 101,162 |
| 3. 1990.....| 48,212 | 21,768 | 26,444 | 56,202 |
| 4. 1991.....| 48,327 | 23,187 | 25,140 | 39,457 |
| 5. 1992.....| 93,382 | 57,234 | 36,148 | 20,922 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| X X X X | X X X X | X X X X | 234,438 |
-----------------------------------------------------------------------
NOTE: Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 13,558 | 0 | 0 | 53 |
| 2. 1989.....| 56,592 | 0 | 0 | 126 |
| 3. 1990.....| 16,129 | 0 | 0 | 5 |
| 4. 1991.....| 8,826 | 0 | 0 | 14 |
| 5. 1992.....| (33,788)| 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| 61,317 | 0 | 0 | 198 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. 1988.....| 0 | 3,137 | X X X X |
| 2. 1989.....| 0 | 44,570 | X X X X |
| 3. 1990.....| 0 | 40,073 | X X X X |
| 4. 1991.....| 0 | 30,631 | X X X X |
| 5. 1992.....| 0 | 54,710 | X X X X |
| 6. 1993.....| 0 | 0 | X X X X |
|-------------|--------------|--------------|--------------|
| 7. Totals ..| 0 | 173,121 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | 0 |
| 2. 1989.....| 0 | 0 | 0 | 0 |
| 3. 1990.....| 0 | 0 | 0 | 0 |
| 4. 1991.....| 0 | 0 | 0 | 0 |
| 5. 1992.....| 0 | 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| 0 | 0 | 0 | 0 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | 0 |
| 2. 1989.....| 0 | 0 | 0 | 0 |
| 3. 1990.....| 0 | 0 | 0 | 0 |
| 4. 1991.....| 0 | 0 | 0 | 0 |
| 5. 1992.....| 0 | 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | X X X X |
| 2. 1989.....| 0 | 0 | 0 | X X X X |
| 3. 1990.....| 0 | 0 | 0 | X X X X |
| 4. 1991.....| 0 | 0 | 0 | X X X X |
| 5. 1992.....| 0 | 0 | 0 | X X X X |
| 6. 1993.....| 0 | 0 | 0 | X X X X |
|-------------|--------------|--------------|--------------|-------------|
| 7. Totals ..| 0 | 0 | 0 | X X X X |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | |
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 16,695 | 13,558 | 3,137 | 77.6 |
| 2. 1989.....| 101,162 | 56,592 | 44,570 | 230.0 |
| 3. 1990.....| 56,202 | 16,129 | 40,073 | 116.6 |
| 4. 1991.....| 39,457 | 8,826 | 30,631 | 81.6 |
| 5. 1992.....| 20,922 | (33,788)| 54,710 | 22.4 |
| 6. 1993.....| 0 | 0 | 0 | 0.0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 0.0 | 14.6 | 0 | 0 |
| 2. 1989.....| 411.1 | 147.5 | 0 | 0 |
| 3. 1990.....| 74.1 | 151.5 | 0 | 0 |
| 4. 1991.....| 38.1 | 121.8 | 0 | 0 |
| 5. 1992.....| (59.0)| 151.4 | 0 | 0 |
| 6. 1993.....| 0.0 | 0.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. 1988.....| 100.0 | 0 | 0 |
| 2. 1989.....| 100.0 | 0 | 0 |
| 3. 1990.....| 100.0 | 0 | 0 |
| 4. 1991.....| 100.0 | 0 | 0 |
| 5. 1992.....| 100.0 | 0 | 0 |
| 6. 1993.....| 100.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|
| 7. Totals ..| X X X X | 0 | 0 |
----------------------------------------------------------
SCHEDULE P - PART 1O - REINSURANCE B
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 16,456 | 15,794 | 662 | 20,557 |
| 2. 1989.....| 61,546 | 4,037 | 57,509 | 54,685 |
| 3. 1990.....| 38,232 | 2,339 | 35,893 | 15,026 |
| 4. 1991.....| 17,169 | 591 | 16,578 | 884 |
| 5. 1992.....| 20,645 | 2,920 | 17,725 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| X X X X | X X X X | X X X X | 91,152 |
-----------------------------------------------------------------------
NOTE: Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 28,426 | 0 | 0 | 1 |
| 2. 1989.....| (3,595)| 0 | 0 | 7 |
| 3. 1990.....| (11,328)| 0 | 0 | 143 |
| 4. 1991.....| (13,756)| 0 | 0 | 105 |
| 5. 1992.....| (13,212)| 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| (13,465)| 0 | 0 | 256 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. 1988.....| 0 | (7,869)| X X X X |
| 2. 1989.....| 0 | 58,280 | X X X X |
| 3. 1990.....| 0 | 26,354 | X X X X |
| 4. 1991.....| 0 | 14,640 | X X X X |
| 5. 1992.....| 0 | 13,212 | X X X X |
| 6. 1993.....| 0 | 0 | X X X X |
|-------------|--------------|--------------|--------------|
| 7. Totals ..| 0 | 104,617 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | 0 |
| 2. 1989.....| 0 | 0 | 0 | 0 |
| 3. 1990.....| 0 | 0 | 0 | 0 |
| 4. 1991.....| 0 | 0 | 0 | 0 |
| 5. 1992.....| 0 | 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| 0 | 0 | 0 | 0 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | 0 |
| 2. 1989.....| 0 | 0 | 0 | 0 |
| 3. 1990.....| 0 | 0 | 0 | 0 |
| 4. 1991.....| 0 | 0 | 0 | 0 |
| 5. 1992.....| 0 | 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | X X X X |
| 2. 1989.....| 0 | 0 | 0 | X X X X |
| 3. 1990.....| 0 | 0 | 0 | X X X X |
| 4. 1991.....| 0 | 0 | 0 | X X X X |
| 5. 1992.....| 0 | 0 | 0 | X X X X |
| 6. 1993.....| 0 | 0 | 0 | X X X X |
|-------------|--------------|--------------|--------------|-------------|
| 7. Totals ..| 0 | 0 | 0 | X X X X |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 20,557 | 28,426 | (7,869)| 124.9 |
| 2. 1989.....| 54,685 | (3,595)| 58,280 | 88.9 |
| 3. 1990.....| 15,026 | (11,328)| 26,354 | 39.3 |
| 4. 1991.....| 884 | (13,756)| 14,640 | 5.1 |
| 5. 1992.....| 0 | (13,212)| 13,212 | 0.0 |
| 6. 1993.....| 0 | 0 | 0 | 0.0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 180.0 | (1,188.7)| 0 | 0 |
| 2. 1989.....| (89.1)| 101.3 | 0 | 0 |
| 3. 1990.....| (484.3)| 73.4 | 0 | 0 |
| 4. 1991.....| (2,327.6)| 88.3 | 0 | 0 |
| 5. 1992.....| (452.5)| 74.5 | 0 | 0 |
| 6. 1993.....| 0.0 | 0.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. 1988.....| 100.0 | 0 | 0 |
| 2. 1989.....| 100.0 | 0 | 0 |
| 3. 1990.....| 100.0 | 0 | 0 |
| 4. 1991.....| 100.0 | 0 | 0 |
| 5. 1992.....| 100.0 | 0 | 0 |
| 6. 1993.....| 100.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|
| 7. Totals ..| X X X X | 0 | 0 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1P - REINSURANCE C
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 588 | 0 | 588 | 541 |
| 2. 1989.....| 364 | 40 | 324 | 23 |
| 3. 1990.....| 293 | 137 | 156 | (154)|
| 4. 1991.....| 20 | 9 | 11 | 1 |
| 5. 1992.....| 96 | 76 | 20 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| X X X X | X X X X | X X X X | 411 |
-----------------------------------------------------------------------
NOTE: Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| (51)| 0 | 0 | 0 |
| 2. 1989.....| (34)| 0 | 0 | 0 |
| 3. 1990.....| (41)| 0 | 0 | 0 |
| 4. 1991.....| (3)| 0 | 0 | 0 |
| 5. 1992.....| (16)| 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| (145)| 0 | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. 1988.....| 0 | 592 | X X X X |
| 2. 1989.....| 0 | 57 | X X X X |
| 3. 1990.....| 0 | (113)| X X X X |
| 4. 1991.....| 0 | 4 | X X X X |
| 5. 1992.....| 0 | 16 | X X X X |
| 6. 1993.....| 0 | 0 | X X X X |
|-------------|--------------|--------------|--------------|
| 7. Totals ..| 0 | 556 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | 0 |
| 2. 1989.....| 0 | 0 | 0 | 0 |
| 3. 1990.....| 0 | 0 | 0 | 0 |
| 4. 1991.....| 0 | 0 | 0 | 0 |
| 5. 1992.....| 0 | 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| 0 | 0 | 0 | 0 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | 0 |
| 2. 1989.....| 0 | 0 | 0 | 0 |
| 3. 1990.....| 0 | 0 | 0 | 0 |
| 4. 1991.....| 0 | 0 | 0 | 0 |
| 5. 1992.....| 0 | 0 | 0 | 0 |
| 6. 1993.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. 1988.....| 0 | 0 | 0 | X X X X |
| 2. 1989.....| 0 | 0 | 0 | X X X X |
| 3. 1990.....| 0 | 0 | 0 | X X X X |
| 4. 1991.....| 0 | 0 | 0 | X X X X |
| 5. 1992.....| 0 | 0 | 0 | X X X X |
| 6. 1993.....| 0 | 0 | 0 | X X X X |
|-------------|--------------|--------------|--------------|-------------|
| 7. Totals ..| 0 | 0 | 0 | X X X X |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. 1988.....| 541 | (51)| 592 | 92.0 |
| 2. 1989.....| 23 | (34)| 57 | 6.3 |
| 3. 1990.....| (154)| (41)| (113)| (52.6)|
| 4. 1991.....| 1 | (3)| 4 | 5.0 |
| 5. 1992.....| 0 | (16)| 16 | 0.0 |
| 6. 1993.....| 0 | 0 | 0 | 0.0 |
|-------------|-------------|-------------|-------------|--------------|
| 7. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. 1988.....| 0.0 | 100.7 | 0 | 0 |
| 2. 1989.....| (85.0)| 17.6 | 0 | 0 |
| 3. 1990.....| (29.9)| (72.4)| 0 | 0 |
| 4. 1991.....| (33.3)| 36.4 | 0 | 0 |
| 5. 1992.....| (21.1)| 80.0 | 0 | 0 |
| 6. 1993.....| 0.0 | 0.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 7. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. 1988.....| 100.0 | 0 | 0 |
| 2. 1989.....| 100.0 | 0 | 0 |
| 3. 1990.....| 100.0 | 0 | 0 |
| 4. 1991.....| 100.0 | 0 | 0 |
| 5. 1992.....| 100.0 | 0 | 0 |
| 6. 1993.....| 100.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|
| 7. Totals ..| X X X X | 0 | 0 |
----------------------------------------------------------
SCHEDULE P - PART 1Q - REINSURANCE D
(000 omitted)
-----------------------------------------------------------------------
| 1 | Premiums Earned |
| |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 156 |
| 2. 1984.....| 3,948 | 2,238 | 1,710 | 10,957 |
| 3. 1985.....| 4,119 | 3,827 | 292 | 45,422 |
| 4. 1986.....| 2,823 | 166 | 2,657 | 1,261 |
| 5. 1987.....| 4,249 | 2,551 | 1,698 | 41,946 |
|-------------|-------------|-------------|-------------|--------------|
| 6. Totals ..| X X X X | X X X X | X X X X | 99,742 |
-----------------------------------------------------------------------
NOTE: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| 1 | Loss and Loss Expense Payments
| |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 257 | 0 | (1)| 0 |
| 2. 1984.....| 7,494 | (1)| 0 | 0 |
| 3. 1985.....| 43,966 | 0 | 0 | 0 |
| 4. 1986.....| 2,705 | 0 | 0 | 0 |
| 5. 1987.....| 42,852 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 6. Totals ..| 97,274 | (1)| (1)| 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| 1 | | |
| |-----------------------------| |
| Years | 10 | 11 | 12 |
| Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 0 | (100)| X X X X |
| 2. 1984.....| 0 | 3,462 | X X X X |
| 3. 1985.....| 0 | 1,456 | X X X X |
| 4. 1986.....| 0 | (1,444)| X X X X |
| 5. 1987.....| 0 | (906)| X X X X |
|-------------|--------------|--------------|--------------|
| 6. Totals ..| 0 | 2,468 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 363 | 366 | 177 | 177 |
| 2. 1984.....| 6 | 4 | 2 | 2 |
| 3. 1985.....| 2 | 1 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 0 | 0 | 0 | 0 |
|-------------|-------------|-------------|-------------|--------------|
| 6. Totals ..| 371 | 371 | 179 | 179 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 0 | 0 |
| 2. 1984.....| 0 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 6. Totals ..| 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expense | and Expenses | Direct and |
| | Anticipated | Unpaid | Unpaid | Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ...| 0 | 0 | (3)| X X X X |
| 2. 1984.....| 0 | 0 | 2 | X X X X |
| 3. 1985.....| 0 | 0 | 1 | X X X X |
| 4. 1986.....| 0 | 0 | 0 | X X X X |
| 5. 1987.....| 0 | 0 | 0 | X X X X |
|-------------|--------------|--------------|--------------|-------------|
| 6. Totals ..| 0 | 0 | 0 | X X X X |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | | | | |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 10,964 | 7,500 | 3,464 | 277.7 |
| 3. 1985.....| 45,424 | 43,967 | 1,457 | 1,102.8 |
| 4. 1986.....| 1,261 | 2,705 | (1,444)| 44.7 |
| 5. 1987.....| 41,946 | 42,852 | (906)| 987.2 |
|-------------|-------------|-------------|-------------|--------------|
| 6. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 335.1 | 202.6 | 0 | 0 |
| 3. 1985.....| 1,148.9 | 499.0 | 0 | 0 |
| 4. 1986.....| 1,629.5 | (54.3)| 0 | 0 |
| 5. 1987.....| 1,679.8 | (53.4)| 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
| 6. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| | |-----------------------------|
| |Inter-Company | 34 | 35 |
| | Pooling | | |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 0.0 | (3)| 0 |
| 2. 1984.....| 100.0 | 2 | 0 |
| 3. 1985.....| 100.0 | 1 | 0 |
| 4. 1986.....| 100.0 | 0 | 0 |
| 5. 1987.....| 100.0 | 0 | 0 |
|-------------|--------------|--------------|--------------|
| 6. Totals ..| X X X X | 0 | 0 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1R - SECTION 1 - PRODUCTS LIABILITY - OCCURRENCE
(000 omitted)
-----------------------------------------------------------------------
| | Premiums Earned |
| 1 |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 27,333 |
| 2. 1984.....| 42,202 | 17,140 | 25,062 | 31,513 |
| 3. 1985.....| 72,460 | 28,965 | 43,495 | 34,615 |
| 4. 1986.....| 136,542 | 52,582 | 83,960 | 22,060 |
| 5. 1987.....| 137,211 | 59,259 | 77,952 | 15,041 |
| 6. 1988.....| 73,500 | 31,421 | 42,079 | 16,262 |
| 7. 1989.....| 56,106 | 24,872 | 31,234 | 28,671 |
| 8. 1990.....| 38,733 | 17,641 | 21,092 | 17,067 |
| 9. 1991.....| 45,308 | 28,404 | 16,904 | 16,168 |
|10. 1992.....| 40,975 | 27,855 | 13,120 | 6,492 |
|11. 1993.....| 89,201 | 59,905 | 29,296 | 1,220 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 216,442 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| |
| 1 |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 8,523 | 17,812 | (10,491)| 7 |
| 2. 1984.....| 15,613 | 22,690 | 12,604 | (19)|
| 3. 1985.....| 24,631 | 19,261 | 9,730 | 46 |
| 4. 1986.....| 13,418 | 12,363 | 6,370 | 71 |
| 5. 1987.....| 4,238 | 12,756 | 2,713 | (22)|
| 6. 1988.....| (3,980)| 15,752 | 3,558 | 8 |
| 7. 1989.....| 24,115 | 11,339 | 6,613 | 41 |
| 8. 1990.....| 10,774 | 6,972 | 4,952 | (2)|
| 9. 1991.....| 13,481 | 2,907 | 2,626 | (24)|
|10. 1992.....| 4,581 | 1,390 | 1,209 | (155)|
|11. 1993.....| 1,004 | 221 | 149 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 116,398 | 123,463 | 40,033 | (49)|
--------------------------------------------------------------------------
----------------------------------------------------------
| | | |
| 1 |-----------------------------| 12 |
| Years | 10 | 11 | |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 2,109 | 49,222 | X X X X |
| 2. 1984.....| 1,338 | 27,324 | 3,703 |
| 3. 1985.....| 597 | 20,112 | 3,610 |
| 4. 1986.....| 979 | 15,614 | 3,945 |
| 5. 1987.....| 1,003 | 21,849 | 1,675 |
| 6. 1988.....| 2,159 | 34,595 | 1,362 |
| 7. 1989.....| 454 | 9,736 | 573 |
| 8. 1990.....| 1,235 | 9,548 | 440 |
| 9. 1991.....| 1,940 | 4,908 | 455 |
|10. 1992.....| 1,059 | 3,151 | 263 |
|11. 1993.....| 2,856 | 3,144 | 8 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 15,729 | 199,203 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 69,296 | 25,973 | 1,672 | 228 |
| 2. 1984.....| 2,654 | 1,890 | 715 | 329 |
| 3. 1985.....| 2,734 | 2,470 | 1,158 | 298 |
| 4. 1986.....| 2,766 | 2,141 | 2,594 | 868 |
| 5. 1987.....| 6,202 | 3,141 | 5,245 | 1,966 |
| 6. 1988.....| 5,232 | 2,125 | 7,725 | 2,601 |
| 7. 1989.....| 10,901 | 7,100 | 8,642 | 3,315 |
| 8. 1990.....| 13,989 | 8,742 | 6,247 | 3,672 |
| 9. 1991.....| 13,315 | 9,440 | 8,145 | 5,019 |
|10. 1992.....| 12,338 | 9,870 | 25,124 | 21,369 |
|11. 1993.....| 2,087 | 1,358 | 49,615 | 30,888 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 141,514 | 74,250 | 116,882 | 70,553 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 661 | 296 |
| 2. 1984.....| 0 | 0 | 527 | 44 |
| 3. 1985.....| 0 | 0 | 869 | 113 |
| 4. 1986.....| 0 | 0 | 1,187 | 259 |
| 5. 1987.....| 0 | 0 | 1,456 | 322 |
| 6. 1988.....| 0 | 0 | 2,187 | 629 |
| 7. 1989.....| 0 | 0 | 2,602 | 973 |
| 8. 1990.....| 0 | 0 | 5,396 | 1,636 |
| 9. 1991.....| 0 | 0 | 5,719 | 1,126 |
|10. 1992.....| 0 | 0 | 7,850 | 2,542 |
|11. 1993.....| 0 | 0 | 7,242 | 2,934 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 35,696 | 10,874 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct |
| | Anticipated | Unpaid | Unpaid | and Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ...| 5 | 519 | 45,651 | 3,282 |
| 2. 1984.....| 0 | 95 | 1,728 | 175 |
| 3. 1985.....| 3 | 170 | 2,050 | 128 |
| 4. 1986.....| 0 | 138 | 3,417 | 64 |
| 5. 1987.....| 0 | 164 | 7,638 | 58 |
| 6. 1988.....| 0 | 213 | 10,002 | 56 |
| 7. 1989.....| 0 | 202 | 10,959 | 69 |
| 8. 1990.....| (1)| 421 | 12,003 | 52 |
| 9. 1991.....| 1 | 345 | 11,939 | 84 |
|10. 1992.....| 1 | 380 | 11,911 | 51 |
|11. 1993.....| 3 | 384 | 24,148 | 30 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 12 | 3,031 | 141,446 | 4,049 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 59,532 | 30,480 | 29,052 | 141.1 |
| 3. 1985.....| 59,404 | 37,242 | 22,162 | 82.0 |
| 4. 1986.....| 42,087 | 23,056 | 19,031 | 30.8 |
| 5. 1987.....| 41,867 | 12,380 | 29,487 | 30.5 |
| 6. 1988.....| 49,530 | 4,933 | 44,597 | 67.4 |
| 7. 1989.....| 62,811 | 42,116 | 20,695 | 112.0 |
| 8. 1990.....| 51,327 | 29,776 | 21,551 | 132.5 |
| 9. 1991.....| 48,539 | 31,692 | 16,847 | 107.1 |
|10. 1992.....| 54,633 | 39,571 | 15,062 | 133.3 |
|11. 1993.....| 63,625 | 36,333 | 27,292 | 71.3 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 177.8 | 115.9 | 0 | 0 |
| 3. 1985.....| 128.6 | 51.0 | 0 | 0 |
| 4. 1986.....| 43.8 | 22.7 | 0 | 0 |
| 5. 1987.....| 20.9 | 37.8 | 0 | 0 |
| 6. 1988.....| 15.7 | 106.0 | 0 | 0 |
| 7. 1989.....| 169.3 | 66.3 | 0 | 0 |
| 8. 1990.....| 168.8 | 102.2 | 0 | 0 |
| 9. 1991.....| 111.6 | 99.7 | 0 | 0 |
|10. 1992.....| 142.1 | 114.8 | 0 | 0 |
|11. 1993.....| 60.7 | 93.2 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| |Inter-Company |-----------------------------|
| | Pooling | 34 | 35 |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| X X X X | 44,767 | 884 |
| 2. 1984.....| 100.0 | 1,150 | 578 |
| 3. 1985.....| 100.0 | 1,124 | 926 |
| 4. 1986.....| 100.0 | 2,351 | 1,066 |
| 5. 1987.....| 100.0 | 6,340 | 1,298 |
| 6. 1988.....| 100.0 | 8,231 | 1,771 |
| 7. 1989.....| 100.0 | 9,128 | 1,831 |
| 8. 1990.....| 100.0 | 7,822 | 4,181 |
| 9. 1991.....| 100.0 | 7,001 | 4,938 |
|10. 1992.....| 100.0 | 6,223 | 5,688 |
|11. 1993.....| 100.0 | 19,456 | 4,692 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 113,593 | 27,853 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 1R - SECTION 2 - PRODUCTS LIABILITY - CLAIMS-MADE
(000 omitted)
-----------------------------------------------------------------------
| | Premiums Earned |
| 1 |-----------------------------------------|---------------
| Years | 2 | 3 | 4 | Loss Payments
| in Which | | | |
|Premiums Were| | | |---------------
| Earned and | Direct | | Net | 5 |
| Losses Were | and | Ceded | (2 - 3) | Direct |
| Incurred | Assumed | | | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | 0 |
| 2. 1984.....| 0 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 0 | 0 | 0 | 0 |
| 6. 1988.....| 0 | 0 | 0 | 0 |
| 7. 1989.....| 0 | 0 | 0 | 0 |
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 0 | 0 | 0 | 0 |
|10. 1992.....| 0 | 0 | 0 | 0 |
|11. 1993.....| 1,756 | 0 | 1,756 | 12 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | 12 |
-----------------------------------------------------------------------
Note: For "prior," report amounts paid or received in current year only.
Report cumulative amounts paid or received for specific years.
Report loss payments net of salvage and subrogation received.
--------------------------------------------------------------------------
| |
| 1 |------------------------------------------------------------
| Years | | Allocated Loss | 9 |
| in Which | | Expense Payments | |
|Premiums Were|--------------|-----------------------------| Salvage |
| Earned and | 6 | 7 | 8 | and |
| Losses Were | | Direct | | Subrogation |
| Incurred | Ceded | and Assumed | Ceded | Received |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| (30)| 0 | 0 | 0 |
| 2. 1984.....| 24 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 0 | 1 | 0 | 0 |
| 6. 1988.....| (8)| 0 | 0 | 0 |
| 7. 1989.....| 14 | (1)| 0 | 0 |
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 0 | 0 | 0 | 0 |
|10. 1992.....| 0 | 0 | 0 | 0 |
|11. 1993.....| 0 | 0 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | |
| 1 |-----------------------------| 12 |
| Years | 10 | 11 | |
| in Which | | | Number of |
|Premiums Were| Unallocated | Total | Claims |
| Earned and | Loss | Net Paid | Reported - |
| Losses Were | Expense | (5 - 6 + 7 | Direct and |
| Incurred | Payments | - 8 + 10) | Assumed |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| 0 | 30 | X X X X |
| 2. 1984.....| 0 | (24)| 0 |
| 3. 1985.....| 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 |
| 5. 1987.....| 6 | 7 | 0 |
| 6. 1988.....| 10 | 18 | 0 |
| 7. 1989.....| (13)| (28)| 0 |
| 8. 1990.....| 0 | 0 | 0 |
| 9. 1991.....| 0 | 0 | 0 |
|10. 1992.....| 0 | 0 | 0 |
|11. 1993.....| 38 | 50 | 0 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| 41 | 53 | X X X X |
----------------------------------------------------------
-----------------------------------------------------------------------
| | Losses Unpaid |
| |--------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |---------------------------|----------------------------|
| | 13 | 14 | 15 | 16 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 0 | 0 |
| 2. 1984.....| 0 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 4 | 3 | 0 | 0 |
| 6. 1988.....| 0 | 0 | 0 | 0 |
| 7. 1989.....| (4)| 0 | 0 | 0 |
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 0 | 0 | 0 | 0 |
|10. 1992.....| 0 | 0 | 0 | 0 |
|11. 1993.....| 108 | 0 | 1,036 | 0 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| 108 | 3 | 1,036 | 0 |
-----------------------------------------------------------------------
--------------------------------------------------------------------------
| | Allocated Loss Expenses Unpaid |
| |-----------------------------------------------------------|
| | Case Basis | Bulk + IBNR |
| |-----------------------------|-----------------------------|
| | 17 | 18 | 19 | 20 |
| | Direct | | Direct | |
| | and Assumed | Ceded | and Assumed | Ceded |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 0 | 0 |
| 2. 1984.....| 0 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 0 |
| 5. 1987.....| 0 | 0 | 0 | 0 |
| 6. 1988.....| 0 | 0 | 0 | 0 |
| 7. 1989.....| 0 | 0 | 0 | 0 |
| 8. 1990.....| 0 | 0 | 0 | 0 |
| 9. 1991.....| 0 | 0 | 0 | 0 |
|10. 1992.....| 0 | 0 | 0 | 0 |
|11. 1993.....| 0 | 0 | 840 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| 0 | 0 | 840 | 0 |
--------------------------------------------------------------------------
------------------------------------------------------------------------
| | | | | |
| | 21 | 22 | 23 | 24 |
| | | | | Number of |
| | Salvage | Unallocated | Total | Claims |
| | and | Loss | Net Losses |Outstanding -|
| | Subrogation | Expenses | and Expenses | Direct |
| | Anticipated | Unpaid | Unpaid | and Assumed |
|-------------|--------------|--------------|--------------|-------------|
| | | | | |
| 1. Prior ...| 0 | 0 | 0 | 0 |
| 2. 1984.....| 0 | 0 | 0 | 0 |
| 3. 1985.....| 0 | 0 | 0 | 0 |
| 4. 1986.....| 0 | 0 | 0 | 1 |
| 5. 1987.....| 0 | 0 | 1 | 2 |
| 6. 1988.....| 0 | 0 | 0 | 1 |
| 7. 1989.....| 0 | 0 | (4)| 8 |
| 8. 1990.....| 0 | 0 | 0 | 1 |
| 9. 1991.....| 0 | 0 | 0 | 2 |
|10. 1992.....| 0 | 0 | 0 | 5 |
|11. 1993.....| 0 | 76 | 2,060 | 17 |
|-------------|--------------|--------------|--------------|-------------|
|12. Totals ..| 0 | 76 | 2,057 | 37 |
------------------------------------------------------------------------
-----------------------------------------------------------------------
| | | Loss and Loss
| | Total Losses and | Expense Percentage
| | Loss Expenses Incurred | (Incurred/Premiums
| | | Earned)
| |-----------------------------------------|---------------
| | 25 | 26 | 27 | 28 |
| | Direct | | | Direct |
| | and Assumed | Ceded | Net * | and Assumed |
|-------------|-------------|-------------|-------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | X X X X | X X X X |
| 2. 1984.....| 0 | 24 | (24)| 0.0 |
| 3. 1985.....| 0 | 0 | 0 | 0.0 |
| 4. 1986.....| 0 | 0 | 0 | 0.0 |
| 5. 1987.....| 11 | 3 | 8 | 0.0 |
| 6. 1988.....| 10 | (8)| 18 | 0.0 |
| 7. 1989.....| (18)| 14 | (32)| 0.0 |
| 8. 1990.....| 0 | 0 | 0 | 0.0 |
| 9. 1991.....| 0 | 0 | 0 | 0.0 |
|10. 1992.....| 0 | 0 | 0 | 0.0 |
|11. 1993.....| 2,110 | 0 | 2,110 | 120.2 |
|-------------|-------------|-------------|-------------|--------------|
|12. Totals ..| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------
*Net = (25 - 26) = (11 + 23)
--------------------------------------------------------------------------
| | | Discount for Time |
| | | Value of Money |
| |-----------------------------|-----------------------------|
| | 29 | 30 | 31 | 32 |
| | | | | Loss |
| | Ceded | Net | Loss | Expense |
|-------------|--------------|--------------|--------------|--------------|
| | | | | |
| 1. Prior ...| X X X X | X X X X | 0 | 0 |
| 2. 1984.....| 0.0 | 0.0 | 0 | 0 |
| 3. 1985.....| 0.0 | 0.0 | 0 | 0 |
| 4. 1986.....| 0.0 | 0.0 | 0 | 0 |
| 5. 1987.....| 0.0 | 0.0 | 0 | 0 |
| 6. 1988.....| 0.0 | 0.0 | 0 | 0 |
| 7. 1989.....| 0.0 | 0.0 | 0 | 0 |
| 8. 1990.....| 0.0 | 0.0 | 0 | 0 |
| 9. 1991.....| 0.0 | 0.0 | 0 | 0 |
|10. 1992.....| 0.0 | 0.0 | 0 | 0 |
|11. 1993.....| 0.0 | 120.2 | 0 | 0 |
|-------------|--------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | X X X X | 0 | 0 |
--------------------------------------------------------------------------
----------------------------------------------------------
| | | Net Balance Sheet Reserves |
| | 33 | After Discount |
| |Inter-Company |-----------------------------|
| | Pooling | 34 | 35 |
| |Participation | Losses |Loss Expenses |
| | Percentage | Unpaid | Unpaid |
|-------------|--------------|--------------|--------------|
| | | | |
| 1. Prior ...| X X X X | 0 | 0 |
| 2. 1984.....| 100.0 | 0 | 0 |
| 3. 1985.....| 100.0 | 0 | 0 |
| 4. 1986.....| 100.0 | 0 | 0 |
| 5. 1987.....| 100.0 | 1 | 0 |
| 6. 1988.....| 100.0 | 0 | 0 |
| 7. 1989.....| 100.0 | (4)| 0 |
| 8. 1990.....| 100.0 | 0 | 0 |
| 9. 1991.....| 100.0 | 0 | 0 |
|10. 1992.....| 100.0 | 0 | 0 |
|11. 1993.....| 100.0 | 1,144 | 916 |
|-------------|--------------|--------------|--------------|
|12. Totals ..| X X X X | 1,141 | 916 |
----------------------------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 2A - HOMEOWNERS/FARMOWNERS
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior ......| 49,994 * | 51,087 | 53,981 | 56,473 |
| 2. 1984........| 219,097 | 222,547 | 225,733 | 224,964 |
| 3. 1985........| X X X X | 254,121 | 258,964 | 254,416 |
| 4. 1986........| X X X X | X X X X | 219,477 | 212,292 |
| 5. 1987........| X X X X | X X X X | X X X X | 189,534 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
56,707 | 56,754 | 56,309 | 56,566 | 59,882 |
224,433 | 226,069 | 225,982 | 226,075 | 225,708 |
253,875 | 254,678 | 254,796 | 254,558 | 254,180 |
204,570 | 202,853 | 199,953 | 199,603 | 199,275 |
186,110 | 177,742 | 175,058 | 175,031 | 174,761 |
190,120 | 187,692 | 185,309 | 179,440 | 178,980 |
X X X X | 165,386 | 162,781 | 163,403 | 162,172 |
X X X X | X X X X | 149,717 | 155,297 | 157,516 |
X X X X | X X X X | X X X X | 184,083 | 192,187 |
X X X X | X X X X | X X X X | X X X X | 192,517 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
| | |
56,408 | (3,475)| (159)|
224,449 | (1,259)| (1,626)|
254,388 | 208 | (170)|
199,905 | 630 | 302 |
173,674 | (1,087)| (1,357)|
181,646 | 2,666 | 2,206 |
163,169 | 997 | (234)|
157,204 | (312)| 1,907 |
193,927 | 1,740 | 9,844 |
196,214 | 3,697 | X X X X |
179,536 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | 3,805 | 10,713 |
---------------------------
SCHEDULE P - PART 2B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 212,523 * | 242,360 | 238,627 | 241,673 |
| 2. 1984........| 312,001 | 356,158 | 356,276 | 356,282 |
| 3. 1985........| X X X X | 369,386 | 356,025 | 361,261 |
| 4. 1986........| X X X X | X X X X | 410,836 | 396,107 |
| 5. 1987........| X X X X | X X X X | X X X X | 388,120 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
240,447 | 249,363 | 249,456 | 253,056 | 254,994 |
358,615 | 366,233 | 365,709 | 365,404 | 365,518 |
374,966 | 385,193 | 386,098 | 385,790 | 382,940 |
392,858 | 386,952 | 383,912 | 379,429 | 377,023 |
382,497 | 357,959 | 357,046 | 355,300 | 348,444 |
332,162 | 321,176 | 318,623 | 317,335 | 315,302 |
X X X X | 293,194 | 292,183 | 286,763 | 283,770 |
X X X X | X X X X | 253,512 | 252,095 | 250,005 |
X X X X | X X X X | X X X X | 222,993 | 243,331 |
X X X X | X X X X | X X X X | X X X X | 247,326 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
251,611 | (3,383)| (1,445)|
367,956 | 2,438 | 2,552 |
385,009 | 2,069 | (781)|
379,536 | 2,513 | 107 |
350,434 | 1,990 | (4,866)|
317,528 | 2,226 | 193 |
289,954 | 6,184 | 3,191 |
250,673 | 668 | (1,422)|
250,464 | 7,133 | 27,471 |
246,520 | (806)| X X X X |
318,117 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | 21,032 | 25,000 |
---------------------------
SCHEDULE P - PART 2C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 128,238 * | 151,303 | 158,200 | 164,942 |
| 2. 1984........| 115,329 | 131,966 | 140,449 | 148,601 |
| 3. 1985........| X X X X | 122,724 | 139,955 | 145,427 |
| 4. 1986........| X X X X | X X X X | 147,117 | 157,213 |
| 5. 1987........| X X X X | X X X X | X X X X | 162,309 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
166,212 | 162,044 | 168,216 | 164,858 | 165,025 |
151,246 | 157,203 | 158,961 | 158,985 | 160,039 |
157,861 | 175,805 | 181,856 | 187,398 | 190,738 |
155,809 | 165,894 | 172,330 | 178,571 | 184,306 |
158,569 | 161,385 | 170,118 | 173,373 | 183,948 |
176,480 | 173,389 | 179,671 | 183,610 | 195,509 |
X X X X | 165,842 | 162,494 | 159,220 | 181,013 |
X X X X | X X X X | 146,850 | 145,582 | 134,536 |
X X X X | X X X X | X X X X | 129,929 | 121,633 |
X X X X | X X X X | X X X X | X X X X | 122,008 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
169,664 | 4,639 | 4,806 |
159,892 | (147)| 907 |
193,314 | 2,576 | 5,916 |
187,023 | 2,717 | 8,452 |
189,830 | 5,882 | 16,457 |
206,792 | 11,283 | 23,182 |
192,331 | 11,318 | 33,111 |
138,741 | 4,205 | (6,841)|
127,906 | 6,273 | (2,023)|
115,604 | (6,404)| X X X X |
138,149 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | 42,342 | 83,967 |
---------------------------
SCHEDULE P - PART 2D - WORKERS' COMPENSATION
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 569,802 * | 571,966 | 579,783 | 594,480 |
| 2. 1984........| 257,767 | 302,199 | 315,934 | 328,998 |
| 3. 1985........| X X X X | 363,260 | 373,847 | 380,559 |
| 4. 1986........| X X X X | X X X X | 478,137 | 477,061 |
| 5. 1987........| X X X X | X X X X | X X X X | 562,000 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
611,432 | 625,561 | 631,427 | 645,931 | 674,118 |
335,328 | 337,963 | 340,330 | 344,038 | 343,799 |
413,441 | 435,823 | 443,604 | 453,448 | 465,043 |
472,576 | 482,185 | 483,505 | 498,753 | 516,220 |
563,012 | 580,798 | 585,372 | 602,634 | 629,881 |
675,143 | 704,615 | 716,215 | 725,393 | 753,077 |
X X X X | 758,045 | 774,893 | 789,110 | 799,679 |
X X X X | X X X X | 782,395 | 799,824 | 807,084 |
X X X X | X X X X | X X X X | 809,256 | 783,207 |
X X X X | X X X X | X X X X | X X X X | 761,487 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
694,498 | 20,380 | 48,567 |
345,695 | 1,896 | 1,657 |
467,110 | 2,067 | 13,662 |
514,465 | (1,755)| 15,712 |
632,240 | 2,359 | 29,606 |
753,028 | (49)| 27,636 |
832,991 | 33,312 | 43,881 |
811,722 | 4,638 | 11,898 |
742,563 | (40,644)| (66,693)|
738,557 | (22,930)| X X X X |
749,240 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | (726)| 125,926 |
---------------------------
SCHEDULE P - PART 2E - COMMERCIAL MULTIPLE PERIL
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 208,712 * | 260,419 | 261,266 | 279,454 |
| 2. 1984........| 238,837 | 236,764 | 236,820 | 234,617 |
| 3. 1985........| X X X X | 310,403 | 310,461 | 302,719 |
| 4. 1986........| X X X X | X X X X | 407,517 | 371,931 |
| 5. 1987........| X X X X | X X X X | X X X X | 450,439 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
*Reported reserves only. Subsequent development relates only to subsequent
payments and reserves.
**Current year less first or second prior year, showing (redundant) or
adverse.
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
296,115 | 309,190 | 311,909 | 321,134 | 341,909 |
248,679 | 262,233 | 268,478 | 275,950 | 276,203 |
317,067 | 333,146 | 338,962 | 341,878 | 340,928 |
359,554 | 347,551 | 343,996 | 341,844 | 340,678 |
430,394 | 407,486 | 400,356 | 391,547 | 388,928 |
522,018 | 499,787 | 503,431 | 495,055 | 489,478 |
X X X X | 544,785 | 547,815 | 540,682 | 533,009 |
X X X X | X X X X | 509,105 | 509,862 | 508,479 |
X X X X | X X X X | X X X X | 519,500 | 494,239 |
X X X X | X X X X | X X X X | X X X X | 583,308 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
349,344 | 7,435 | 28,210 |
273,870 | (2,333)| (2,080)|
341,718 | 790 | (160)|
342,098 | 1,420 | 254 |
390,027 | 1,099 | (1,520)|
489,027 | (451)| (6,028)|
536,915 | 3,906 | (3,767)|
512,657 | 4,178 | 2,795 |
498,069 | 3,830 | (21,431)|
558,211 | (25,097)| X X X X |
620,074 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | (5,223)| (3,727)|
---------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 2F - SECTION 1 - MEDICAL MALPRACTICE - OCCURRENCE
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior ......| 42,020 * | 50,951 | 49,882 | 49,924 |
| 2. 1984........| 1,704 | 4,670 | 5,039 | 5,955 |
| 3. 1985........| X X X X | 6,173 | 5,919 | 7,086 |
| 4. 1986........| X X X X | X X X X | 9,025 | 6,847 |
| 5. 1987........| X X X X | X X X X | X X X X | 10,457 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
48,777 | 50,300 | 49,693 | 49,592 | 48,674 |
5,926 | 6,321 | 6,436 | 6,858 | 6,650 |
9,130 | 9,165 | 9,209 | 9,102 | 9,564 |
6,386 | 7,050 | 6,773 | 6,340 | 6,564 |
11,184 | 11,889 | 11,936 | 12,661 | 13,243 |
10,357 | 12,265 | 15,505 | 11,585 | 16,783 |
X X X X | 8,878 | 6,351 | 8,022 | 10,385 |
X X X X | X X X X | 1,177 | 6,658 | 2,452 |
X X X X | X X X X | X X X X | 1,193 | 3,003 |
X X X X | X X X X | X X X X | X X X X | 1,968 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
| | |
50,815 | 2,141 | 1,223 |
6,938 | 288 | 80 |
8,854 | (710)| (248)|
5,481 | (1,083)| (859)|
11,480 | (1,763)| (1,181)|
14,808 | (1,975)| 3,223 |
7,473 | (2,921)| (558)|
853 | (1,599)| (5,805)|
2,807 | (196)| 1,614 |
4,087 | 2,119 | X X X X |
1,230 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | (5,699)| (2,511)|
---------------------------
SCHEDULE P - PART 2F - SECTION 2 - MEDICAL MALPRACTICE - CLAIMS-MADE
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 0 * | 0 | 0 | 0 |
| 2. 1984........| 0 | 0 | 0 | 0 |
| 3. 1985........| X X X X | 0 | 0 | 0 |
| 4. 1986........| X X X X | X X X X | 0 | 0 |
| 5. 1987........| X X X X | X X X X | X X X X | 7,919 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
5,386 | 3,679 | 3,682 | 3,226 | 1,607 |
18,686 | 12,717 | 8,030 | 5,847 | 4,733 |
X X X X | 25,958 | 37,947 | 17,476 | 12,504 |
X X X X | X X X X | 26,973 | 20,199 | 17,891 |
X X X X | X X X X | X X X X | 61,958 | 65,410 |
X X X X | X X X X | X X X X | X X X X | 50,145 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
69 | 69 | 69 |
(56)| (56)| (56)|
0 | 0 | 0 |
3 | 3 | 3 |
11,715 | 10,108 | 8,489 |
10,561 | 5,828 | 4,714 |
23,373 | 10,869 | 5,897 |
25,426 | 7,535 | 5,227 |
57,637 | (7,773)| (4,321)|
31,122 | (19,023)| X X X X |
39,528 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | 7,560 | 20,022 |
---------------------------
SCHEDULE P - PART 2G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT
(ALL PERILS), BOILER AND MACHINERY)
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 86,609 * | 72,756 | 68,111 | 75,306 |
| 2. 1984........| 143,588 | 142,438 | 142,169 | 152,006 |
| 3. 1985........| X X X X | 119,021 | 112,659 | 128,003 |
| 4. 1986........| X X X X | X X X X | 109,079 | 96,657 |
| 5. 1987........| X X X X | X X X X | X X X X | 147,612 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
77,036 | 81,870 | 77,391 | 80,716 | 96,943 |
155,877 | 157,067 | 157,475 | 158,659 | 160,788 |
138,729 | 139,679 | 137,569 | 139,459 | 142,820 |
96,366 | 97,146 | 95,419 | 97,792 | 101,032 |
147,685 | 160,557 | 165,232 | 170,071 | 175,572 |
152,058 | 151,628 | 158,295 | 175,538 | 190,504 |
X X X X | 133,068 | 138,956 | 139,754 | 161,398 |
X X X X | X X X X | 137,842 | 133,723 | 141,333 |
X X X X | X X X X | X X X X | 117,227 | 114,716 |
X X X X | X X X X | X X X X | X X X X | 97,177 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
106,386 | 9,443 | 25,670 |
161,610 | 822 | 2,951 |
146,920 | 4,100 | 7,461 |
103,903 | 2,871 | 6,111 |
184,324 | 8,752 | 14,253 |
196,009 | 5,505 | 20,471 |
177,691 | 16,293 | 37,937 |
152,404 | 11,071 | 18,681 |
144,714 | 29,998 | 27,487 |
127,803 | 30,626 | X X X X |
190,406 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | 119,481 | 161,022 |
---------------------------
SCHEDULE P - PART 2H - SECTION 1 - OTHER LIABILITY - OCCURRENCE
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 243,006 * | 259,033 | 275,660 | 334,805 |
| 2. 1984........| 113,840 | 119,154 | 121,588 | 132,953 |
| 3. 1985........| X X X X | 164,402 | 164,880 | 172,254 |
| 4. 1986........| X X X X | X X X X | 259,316 | 256,094 |
| 5. 1987........| X X X X | X X X X | X X X X | 295,805 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
385,666 | 439,821 | 477,617 | 521,474 | 566,758 |
149,982 | 163,554 | 169,204 | 175,661 | 183,282 |
188,675 | 194,994 | 203,647 | 213,508 | 233,160 |
249,989 | 231,532 | 222,130 | 209,537 | 178,102 |
303,656 | 294,768 | 287,552 | 273,009 | 205,621 |
312,816 | 313,861 | 313,798 | 298,664 | 285,256 |
X X X X | 360,786 | 358,984 | 349,228 | 342,921 |
X X X X | X X X X | 246,681 | 238,784 | 218,474 |
X X X X | X X X X | X X X X | 117,072 | 122,731 |
X X X X | X X X X | X X X X | X X X X | 192,666 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
542,377 | (24,381)| 20,903 |
187,078 | 3,796 | 11,417 |
232,875 | (285)| 19,367 |
172,443 | (5,659)| (37,094)|
177,461 | (28,160)| (95,548)|
280,258 | (4,998)| (18,406)|
288,275 | (54,646)| (60,953)|
172,230 | (46,244)| (66,554)|
117,958 | (4,773)| 886 |
131,305 | (61,361)| X X X X |
176,122 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | (226,711)| (225,982)|
---------------------------
SCHEDULE P - PART 2H - SECTION 2 - OTHER LIABILITY - CLAIMS-MADE
------------------------------------------------------------------------------
| 1 | Incurred Losses and Allocated Expenses Reported at
| | Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
|-------------------|---------------|-------------|-------------|-------------|
| 1. Prior ......| 0 * | 0 | 0 | 0 |
| 2. 1984........| 0 | 0 | 0 | 0 |
| 3. 1985........| X X X X | 0 | 0 | 0 |
| 4. 1986........| X X X X | X X X X | 0 | 0 |
| 5. 1987........| X X X X | X X X X | X X X X | 0 |
| 6. 1988........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993........| X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
*Reported reserves only. Subsequent development relates only to subsequent
payments and reserves.
**Current year less first or second prior year, showing (redundant) or
adverse.
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
X X X X | 0 | 0 | 0 | 0 |
X X X X | X X X X | 0 | 0 | 0 |
X X X X | X X X X | X X X X | 52,840 | 39,844 |
X X X X | X X X X | X X X X | X X X X | 25,661 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
- -------------|-------------|-------------|
223 | 223 | 223 |
(161)| (161)| (161)|
25 | 25 | 25 |
9 | 9 | 9 |
28 | 28 | 28 |
51 | 51 | 51 |
(175)| (175)| (175)|
0 | 0 | 0 |
45,208 | 5,364 | (7,632)|
60,061 | 34,400 | X X X X |
96,924 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | 39,764 | (7,632)|
---------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 2I - SPECIAL PROPERTY (FIRE, ALLIED LINES,
INLAND MARINE, EARTHQUAKE, GLASS, BURGLARY AND THEFT)
--------------------------------------------------------------
| | Incurred Losses and Allocated Expenses
| 1 | Reported at Year End (000 omitted)
| |--------------------------------------------
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
|-----------------|---------------|-------------|-------------|
| | | | |
| 1. Prior .....| X X X X | X X X X | X X X X |
| 2. 1992.......| X X X X | X X X X | X X X X |
| 3. 1993.......| X X X X | X X X X | X X X X |
--------------------------------------------------------------
------------------------------------------------------------------------
5 | 6 | 7 | 8 | 9 |
1987 | 1988 | 1989 | 1990 | 1991 |
| | | | |
| | | | |
-------------|-------------|-------------|-------------|---------------|
| | | | |
X X X X | X X X X | X X X X | X X X X | 121,259 * |
X X X X | X X X X | X X X X | X X X X | X X X X |
X X X X | X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------
-------------------------------------------------------
| Development** |
---------------------------|---------------------------|
10 | 11 | 12 | 13 |
1992 | 1993 | One Year | Two Year |
| | | |
| | | |
-------------|-------------|-------------|-------------|
| | | |
170,125 | 163,647 | (6,478)| 42,388 |
198,285 | 235,045 | 36,760 | X X X X |
X X X X | 197,434 | X X X X | X X X X |
---------------------------|-------------|-------------|
4. Totals | 30,282 | 42,388 |
---------------------------
SCHEDULE P - PART 2J - AUTO PHYSICAL DAMAGE
--------------------------------------------------------------
| | Incurred Losses and Allocated Expenses
| 1 | Reported at Year End (000 omitted)
| |--------------------------------------------
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
|-----------------|---------------|-------------|-------------|
| | | | |
| 1. Prior .....| X X X X | X X X X | X X X X |
| 2. 1992.......| X X X X | X X X X | X X X X |
| 3. 1993.......| X X X X | X X X X | X X X X |
--------------------------------------------------------------
------------------------------------------------------------------------
5 | 6 | 7 | 8 | 9 |
1987 | 1988 | 1989 | 1990 | 1991 |
| | | | |
| | | | |
-------------|-------------|-------------|-------------|---------------|
| | | | |
X X X X | X X X X | X X X X | X X X X | 16,183 * |
X X X X | X X X X | X X X X | X X X X | X X X X |
X X X X | X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------
-------------------------------------------------------
| Development** |
---------------------------|---------------------------|
10 | 11 | 12 | 13 |
1992 | 1993 | One Year | Two Year |
| | | |
| | | |
-------------|-------------|-------------|-------------|
| | | |
25,597 | 24,602 | (995)| 8,419 |
125,198 | 128,000 | 2,802 | X X X X |
X X X X | 138,839 | X X X X | X X X X |
---------------------------|-------------|-------------|
4. Totals | 1,807 | 8,419 |
---------------------------
SCHEDULE P - PART 2K - FIDELITY, SURETY, FINANCIAL GUARANTY,
MORTGAGE GUARANTY
--------------------------------------------------------------
| | Incurred Losses and Allocated Expenses
| 1 | Reported at Year End (000 omitted)
| |--------------------------------------------
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
|-----------------|---------------|-------------|-------------|
| | | | |
| 1. Prior .....| X X X X | X X X X | X X X X |
| 2. 1992.......| X X X X | X X X X | X X X X |
| 3. 1993.......| X X X X | X X X X | X X X X |
--------------------------------------------------------------
------------------------------------------------------------------------
5 | 6 | 7 | 8 | 9 |
1987 | 1988 | 1989 | 1990 | 1991 |
| | | | |
| | | | |
-------------|-------------|-------------|-------------|---------------|
| | | | |
X X X X | X X X X | X X X X | X X X X | 80,783 * |
X X X X | X X X X | X X X X | X X X X | X X X X |
X X X X | X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------
-------------------------------------------------------
| Development** |
---------------------------|---------------------------|
10 | 11 | 12 | 13 |
1992 | 1993 | One Year | Two Year |
| | | |
| | | |
-------------|-------------|-------------|-------------|
| | | |
57,561 | 64,421 | 6,860 | (16,362)|
58,169 | 25,531 | (32,638)| X X X X |
X X X X | 73,281 | X X X X | X X X X |
---------------------------|-------------|-------------|
4. Totals | (25,778)| (16,362)|
---------------------------
SCHEDULE P - PART 2L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH)
--------------------------------------------------------------
| | Incurred Losses and Allocated Expenses
| 1 | Reported at Year End (000 omitted)
| |--------------------------------------------
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
|-----------------|---------------|-------------|-------------|
| | | | |
| 1. Prior .....| X X X X | X X X X | X X X X |
| 2. 1992.......| X X X X | X X X X | X X X X |
| 3. 1993.......| X X X X | X X X X | X X X X |
--------------------------------------------------------------
------------------------------------------------------------------------
5 | 6 | 7 | 8 | 9 |
1987 | 1988 | 1989 | 1990 | 1991 |
| | | | |
| | | | |
-------------|-------------|-------------|-------------|---------------|
| | | | |
X X X X | X X X X | X X X X | X X X X | 40,023 * |
X X X X | X X X X | X X X X | X X X X | X X X X |
X X X X | X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------
-------------------------------------------------------
| Development** |
---------------------------|---------------------------|
10 | 11 | 12 | 13 |
1992 | 1993 | One Year | Two Year |
| | | |
| | | |
-------------|-------------|-------------|-------------|
| | | |
58,592 | 50,738 | (7,854)| 10,715 |
38,992 | 54,191 | 15,199 | X X X X |
X X X X | 38,033 | X X X X | X X X X |
---------------------------|-------------|-------------|
4. Totals | 7,345 | 10,715 |
---------------------------
SCHEDULE P - PART 2M - INTERNATIONAL
--------------------------------------------------------------
| | Incurred Losses and Allocated Expenses
| 1 | Reported at Year End (000 omitted)
| |--------------------------------------------
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
|-----------------|---------------|-------------|-------------|
| | | | |
| 1. Prior .....| 0 * | 0 | 0 |
| 2. 1984.......| 0 | 0 | 0 |
| 3. 1985.......| X X X X | 0 | 0 |
| 4. 1986.......| X X X X | X X X X | 0 |
| 5. 1987.......| X X X X | X X X X | X X X X |
| 6. 1988.......| X X X X | X X X X | X X X X |
| 7. 1989.......| X X X X | X X X X | X X X X |
| 8. 1990.......| X X X X | X X X X | X X X X |
| 9. 1991.......| X X X X | X X X X | X X X X |
| 10. 1992.......| X X X X | X X X X | X X X X |
| 11. 1993.......| X X X X | X X X X | X X X X |
--------------------------------------------------------------
*Reported reserves only. Subsequent development relates only
to subsequent payments and reserves.
**Current year less first or second prior year, showing
(redundant) or adverse.
------------------------------------------------------------------------
5 | 6 | 7 | 8 | 9 |
1987 | 1988 | 1989 | 1990 | 1991 |
| | | | |
| | | | |
-------------|-------------|-------------|-------------|---------------|
| | | | |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
X X X X | 0 | 0 | 0 | 0 |
X X X X | X X X X | 0 | 0 | 0 |
X X X X | X X X X | X X X X | 0 | 61 |
X X X X | X X X X | X X X X | X X X X | 10,948 |
X X X X | X X X X | X X X X | X X X X | X X X X |
X X X X | X X X X | X X X X | X X X X | X X X X |
------------------------------------------------------------------------
-------------------------------------------------------
| Development** |
---------------------------|---------------------------|
10 | 11 | 12 | 13 |
1992 | 1993 | One Year | Two Year |
| | | |
| | | |
-------------|-------------|-------------|-------------|
| | | |
0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 |
(1,961)| 405 | 2,366 | 344 |
9,438 | 10,427 | 989 | (521)|
8,372 | 10,004 | 1,632 | X X X X |
X X X X | 9,589 | X X X X | X X X X |
---------------------------|-------------|-------------|
12. Totals | 4,987 | (177)|
---------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 2N - REINSURANCE A
----------------------------------------------------------------------------
| | Incurred Losses and Allocated Expenses Reported at
| 1 | at Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|-----------------|---------------|-------------|-------------|-------------|
| 1. 1988.......| X X X X | X X X X | X X X X | X X X X |
| 2. 1989.......| X X X X | X X X X | X X X X | X X X X |
| 3. 1990.......| X X X X | X X X X | X X X X | X X X X |
| 4. 1991.......| X X X X | X X X X | X X X X | X X X X |
| 5. 1992.......| X X X X | X X X X | X X X X | X X X X |
| 6. 1993.......| X X X X | X X X X | X X X X | X X X X |
----------------------------------------------------------------------------
- ------------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|---------------|-------------|
10,042 | 8,768 | 3,162 | 996 | 3,137 |
X X X X | 35,851 | 38,479 | 41,796 | 44,570 |
X X X X | X X X X | 35,297 | 40,884 | 40,073 |
X X X X | X X X X | X X X X | 30,666 | 30,631 |
X X X X | X X X X | X X X X | X X X X | 61,557 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ------------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
| | |
- -------------|-------------|-------------|
3,137 | 0 | 2,141 |
44,570 | 0 | 2,774 |
40,073 | 0 | (811)|
30,631 | 0 | (35)|
54,710 | (6,847)| X X X X |
0 | X X X X | X X X X |
- -------------|-------------|-------------|
7. Totals | (6,847)| 4,069 |
---------------------------
SCHEDULE P - PART 2O - REINSURANCE B
----------------------------------------------------------------------------
| | Incurred Losses and Allocated Expenses Reported at
| 1 | at Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|-----------------|---------------|-------------|-------------|-------------|
| | | | | |
| 1. 1988.......| X X X X | X X X X | X X X X | X X X X |
| 2. 1989.......| X X X X | X X X X | X X X X | X X X X |
| 3. 1990.......| X X X X | X X X X | X X X X | X X X X |
| 4. 1991.......| X X X X | X X X X | X X X X | X X X X |
| 5. 1992.......| X X X X | X X X X | X X X X | X X X X |
| 6. 1993.......| X X X X | X X X X | X X X X | X X X X |
----------------------------------------------------------------------------
- ------------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|---------------|-------------|
| | | | |
11,497 | 8,156 | (203)| (2,100) | (7,869)|
X X X X | 57,399 | 56,670 | 57,457 | 58,280 |
X X X X | X X X X | 29,696 | 24,884 | 26,354 |
X X X X | X X X X | X X X X | 14,095 | 14,640 |
X X X X | X X X X | X X X X | X X X X | 14,317 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ------------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
| | |
- -------------|-------------|-------------|
| | |
(7,869)| 0 | (5,769)|
58,280 | 0 | 823 |
26,354 | 0 | 1,470 |
14,640 | 0 | 545 |
13,212 | (1,105)| X X X X |
0 | X X X X | X X X X |
- -------------|-------------|-------------|
7. Totals | (1,105)| (2,931)|
---------------------------
SCHEDULE P - PART 2P - REINSURANCE C
----------------------------------------------------------------------------
| | Incurred Losses and Allocated Expenses Reported at
| 1 | at Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|-----------------|---------------|-------------|-------------|-------------|
| | | | | |
| 1. 1988.......| X X X X | X X X X | X X X X | X X X X |
| 2. 1989.......| X X X X | X X X X | X X X X | X X X X |
| 3. 1990.......| X X X X | X X X X | X X X X | X X X X |
| 4. 1991.......| X X X X | X X X X | X X X X | X X X X |
| 5. 1992.......| X X X X | X X X X | X X X X | X X X X |
| 6. 1993.......| X X X X | X X X X | X X X X | X X X X |
----------------------------------------------------------------------------
- ------------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|---------------|-------------|
| | | | |
62 | 38 | 61 | 95 | 592 |
X X X X | 159 | 137 | 72 | 57 |
X X X X | X X X X | 115 | 66 | (113)|
X X X X | X X X X | X X X X | 12 | 4 |
X X X X | X X X X | X X X X | X X X X | 16 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ------------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
| | |
- -------------|-------------|-------------|
| | |
592 | 0 | 497 |
57 | 0 | (15)|
(113)| 0 | (179)|
4 | 0 | (8)|
16 | 0 | X X X X |
0 | X X X X | X X X X |
- -------------|-------------|-------------|
7. Totals | 0 | 295 |
---------------------------
SCHEDULE P - PART 2Q - REINSURANCE D
----------------------------------------------------------------------------
| | Incurred Losses and Allocated Expenses Reported at
| 1 | at Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|-----------------|---------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .....| 281 | 211 | 39 | 61 |
| 2. 1984.......| 1,288 | 922 | 505 | 1,086 |
| 3. 1985.......| X X X X | 0 | 0 | 0 |
| 4. 1986.......| X X X X | X X X X | (253)| (730)|
| 5. 1987.......| X X X X | X X X X | X X X X | 968 |
----------------------------------------------------------------------------
- ------------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|---------------|-------------|
| | | | |
62 | 26 | 84 | 142 | 719 |
2,114 | 2,545 | 2,985 | 3,091 | 3,462 |
19 | 32 | 147 | 679 | 1,466 |
(730)| (730)| (730)| (664) | (1,444)|
968 | 968 | 969 | 185 | (906)|
- ------------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
| | |
- -------------|-------------|-------------|
| | |
601 | (118)| 459 |
3,464 | 2 | 373 |
1,457 | (9)| 778 |
(1,444)| 0 | (780)|
(906)| 0 | (1,091)|
- -------------|-------------|-------------|
6. Totals | (125)| (261)|
---------------------------
SCHEDULE P - PART 2R - SECTION 1 - PRODUCTS LIABILITY - OCCURRENCE
----------------------------------------------------------------------------
| | Incurred Losses and Allocated Expenses Reported at
| 1 | at Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|-----------------|---------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .....| 111,575 * | 138,610 | 149,607 | 168,740 |
| 2. 1984.......| 21,582 | 27,501 | 29,789 | 31,256 |
| 3. 1985.......| X X X X | 26,285 | 25,650 | 25,751 |
| 4. 1986.......| X X X X | X X X X | 47,156 | 37,327 |
| 5. 1987.......| X X X X | X X X X | X X X X | 43,887 |
| 6. 1988.......| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.......| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.......| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.......| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.......| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.......| X X X X | X X X X | X X X X | X X X X |
----------------------------------------------------------------------------
- ------------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|---------------|-------------|
| | | | |
187,624 | 212,648 | 232,972 | 262,124 | 270,701 |
31,021 | 32,810 | 33,096 | 34,689 | 28,085 |
27,033 | 27,660 | 29,725 | 26,656 | 21,731 |
37,214 | 36,728 | 34,437 | 30,087 | 21,014 |
45,474 | 43,528 | 38,650 | 35,969 | 29,554 |
42,818 | 39,900 | 37,838 | 34,348 | 30,407 |
X X X X | 27,211 | 27,644 | 27,935 | 19,491 |
X X X X | X X X X | 16,649 | 19,172 | 19,950 |
X X X X | X X X X | X X X X | 12,736 | 12,233 |
X X X X | X X X X | X X X X | X X X X | 10,913 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ------------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
| | |
- -------------|-------------|-------------|
| | |
312,194 | 41,493 | 50,070 |
27,619 | (466)| (7,070)|
21,395 | (336)| (5,261)|
17,914 | (3,100)| (12,173)|
28,320 | (1,234)| (7,649)|
42,225 | 11,818 | 7,877 |
20,039 | 548 | (7,896)|
19,895 | (55)| 723 |
14,562 | 2,329 | 1,826 |
13,623 | 2,710 | X X X X |
24,052 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | 53,707 | 20,447 |
---------------------------
SCHEDULE P - PART 2R - SECTION 2 - PRODUCTS LIABILITY - CLAIMS-MADE
----------------------------------------------------------------------------
| | Incurred Losses and Allocated Expenses Reported at
| 1 | at Year End (000 omitted)
| |----------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|-----------------|---------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .....| 0 * | 0 | 0 | 0 |
| 2. 1984.......| 0 | 0 | 0 | 0 |
| 3. 1985.......| X X X X | 0 | 0 | 0 |
| 4. 1986.......| X X X X | X X X X | 0 | 0 |
| 5. 1987.......| X X X X | X X X X | X X X X | 0 |
| 6. 1988.......| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.......| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.......| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.......| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.......| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.......| X X X X | X X X X | X X X X | X X X X |
----------------------------------------------------------------------------
*Reported reserves only. Subsequent development relates only to subsequent
payments and reserves.
**Current year less first or second prior year, showing (redundant) or
adverse.
- ------------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|---------------|-------------|
| | | | |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
X X X X | 0 | 0 | 0 | 0 |
X X X X | X X X X | 0 | 0 | 0 |
X X X X | X X X X | X X X X | 0 | 0 |
X X X X | X X X X | X X X X | X X X X | 0 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ------------------------------------------------------------------------
- -----------------------------------------
| Development** |
- -------------|---------------------------|
11 | 12 | 13 |
1993 | One Year | Two Year |
| | |
| | |
- -------------|-------------|-------------|
| | |
30 | 30 | 30 |
(24)| (24)| (24)|
0 | 0 | 0 |
0 | 0 | 0 |
2 | 2 | 2 |
8 | 8 | 8 |
(19)| (19)| (19)|
0 | 0 | 0 |
0 | 0 | 0 |
0 | 0 | X X X X |
1,996 | X X X X | X X X X |
- -------------|-------------|-------------|
12. Totals | (3)| (3)|
---------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 3A - HOMEOWNERS/FARMOWNERS
-----------------------------------------------------------------------------
| 1 | Cumulative Paid Losses and Allocated Expenses at
| | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 18,452 | 33,108 | 44,024 |
| 2. 1984.........| 144,708 | 198,979 | 209,177 | 217,705 |
| 3. 1985.........| X X X X | 172,863 | 234,296 | 243,489 |
| 4. 1986.........| X X X X | X X X X | 138,456 | 180,026 |
| 5. 1987.........| X X X X | X X X X | X X X X | 118,359 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
49,808 | 52,138 | 53,442 | 54,302 | 58,211 |
220,838 | 222,316 | 223,111 | 223,613 | 224,398 |
248,341 | 250,549 | 252,525 | 252,608 | 252,970 |
188,276 | 193,000 | 195,625 | 196,930 | 197,889 |
155,390 | 163,776 | 168,599 | 171,573 | 173,127 |
119,538 | 157,056 | 167,784 | 171,953 | 175,480 |
X X X X | 97,570 | 140,505 | 149,605 | 154,652 |
X X X X | X X X X | 101,685 | 140,060 | 148,688 |
X X X X | X X X X | X X X X | 135,038 | 176,215 |
X X X X | X X X X | X X X X | X X X X | 138,676 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss | Without |
| Payment |Loss Payment |
- -------------|-------------|-------------|
| | |
55,199 | 3 | 2 |
224,124 | 2 | 2 |
253,646 | 5 | 8 |
198,763 | 9 | 4 |
172,648 | 11 | 26 |
180,343 | 18 | 31 |
159,238 | 24,259 | 2,674 |
151,939 | 59,547 | 7,290 |
182,281 | 67,566 | 8,109 |
180,241 | 62,503 | 7,810 |
135,664 | 48,100 | 5,647 |
- -----------------------------------------
SCHEDULE P - PART 3B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL
-----------------------------------------------------------------------------
| 1 | Cumulative Paid Losses and Allocated Expenses at
| | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 107,102 | 166,778 | 198,864 |
| 2. 1984.........| 101,284 | 212,382 | 288,394 | 325,695 |
| 3. 1985.........| X X X X | 109,917 | 231,700 | 304,814 |
| 4. 1986.........| X X X X | X X X X | 114,171 | 236,693 |
| 5. 1987.........| X X X X | X X X X | X X X X | 106,647 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
216,708 | 234,139 | 239,597 | 244,183 | 249,527 |
345,830 | 355,180 | 359,565 | 361,512 | 363,575 |
343,340 | 364,887 | 375,290 | 379,519 | 380,029 |
303,120 | 340,019 | 359,483 | 367,828 | 372,287 |
210,903 | 280,051 | 315,981 | 335,955 | 340,554 |
96,134 | 191,476 | 250,602 | 283,351 | 299,045 |
X X X X | 82,735 | 177,779 | 229,842 | 257,095 |
X X X X | X X X X | 77,350 | 158,644 | 207,161 |
X X X X | X X X X | X X X X | 67,249 | 153,242 |
X X X X | X X X X | X X X X | X X X X | 73,216 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss | Without |
| Payment |Loss Payment |
- -------------|-------------|-------------|
| | |
250,927 | 62 | 16 |
364,941 | 17 | 3 |
381,422 | 31 | 6 |
375,878 | 65 | 22 |
345,486 | 93 | 37 |
310,285 | 173 | 87 |
277,916 | 66,002 | 19,688 |
227,231 | 60,946 | 17,691 |
203,625 | 63,148 | 16,334 |
157,206 | 55,148 | 13,088 |
85,701 | 32,690 | 7,855 |
- -----------------------------------------
SCHEDULE P - PART 3C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL
-----------------------------------------------------------------------------
| 1 | Cumulative Paid Losses and Allocated Expenses at
| | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 67,322 | 110,265 | 132,153 |
| 2. 1984.........| 36,034 | 70,559 | 103,472 | 126,142 |
| 3. 1985.........| X X X X | 30,417 | 74,840 | 110,928 |
| 4. 1986.........| X X X X | X X X X | 29,223 | 69,332 |
| 5. 1987.........| X X X X | X X X X | X X X X | 30,101 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
147,475 | 147,961 | 154,414 | 157,869 | 162,314 |
142,883 | 149,340 | 152,212 | 155,475 | 158,588 |
143,044 | 161,157 | 173,582 | 181,209 | 188,465 |
107,530 | 139,655 | 158,836 | 170,723 | 179,735 |
68,540 | 110,949 | 139,217 | 158,072 | 177,462 |
32,438 | 80,371 | 129,560 | 163,244 | 185,138 |
X X X X | 26,991 | 71,844 | 113,322 | 147,916 |
X X X X | X X X X | 25,174 | 64,456 | 94,579 |
X X X X | X X X X | X X X X | 20,115 | 66,512 |
X X X X | X X X X | X X X X | X X X X | 25,299 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss | Without |
| Payment |Loss Payment |
- -------------|-------------|-------------|
| | |
163,604 | 21 | 4 |
159,077 | 6 | 0 |
191,132 | 10 | 4 |
183,196 | 26 | 16 |
184,038 | 37 | 61 |
195,424 | 94 | 114 |
170,693 | 24,588 | 9,587 |
116,623 | 20,595 | 7,767 |
93,832 | 16,434 | 6,357 |
53,490 | 14,787 | 5,037 |
26,498 | 9,871 | 3,096 |
- -----------------------------------------
SCHEDULE P - PART 3D - WORKERS' COMPENSATION
-----------------------------------------------------------------------------
| 1 | Cumulative Paid Losses and Allocated Expenses at
| | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 82,151 | 172,382 | 229,362 |
| 2. 1984.........| 63,034 | 150,953 | 203,181 | 236,237 |
| 3. 1985.........| X X X X | 87,694 | 206,862 | 270,859 |
| 4. 1986.........| X X X X | X X X X | 99,342 | 232,204 |
| 5. 1987.........| X X X X | X X X X | X X X X | 124,662 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
284,656 | 325,484 | 361,573 | 392,709 | 424,716 |
259,875 | 276,325 | 288,394 | 298,449 | 305,071 |
318,116 | 355,089 | 379,213 | 397,138 | 417,901 |
311,434 | 367,252 | 404,700 | 431,101 | 455,053 |
289,152 | 416,831 | 481,625 | 526,659 | 557,061 |
160,218 | 357,615 | 484,438 | 568,687 | 631,295 |
X X X X | 158,068 | 394,025 | 536,559 | 638,453 |
X X X X | X X X X | 170,441 | 396,089 | 550,561 |
X X X X | X X X X | X X X X | 160,391 | 371,676 |
X X X X | X X X X | X X X X | X X X X | 152,267 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss | Without |
| Payment |Loss Payment |
- -------------|-------------|-------------|
| | |
441,466 | 231 | 57 |
308,760 | 63 | 19 |
425,786 | 68 | 6 |
468,423 | 120 | 26 |
575,219 | 218 | 45 |
666,310 | 371 | 69 |
704,244 | 246,442 | 24,266 |
642,504 | 218,517 | 20,668 |
498,961 | 164,070 | 14,086 |
350,619 | 144,029 | 12,216 |
151,757 | 93,668 | 9,461 |
- -----------------------------------------
SCHEDULE P - PART 3E - COMMERCIAL MULTIPLE PERIL
-----------------------------------------------------------------------------
| 1 | Cumulative Paid Losses and Allocated Expenses at
| | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 74,686 | 142,246 | 187,525 |
| 2. 1984.........| 79,864 | 135,093 | 168,970 | 200,958 |
| 3. 1985.........| X X X X | 113,406 | 190,856 | 229,730 |
| 4. 1986.........| X X X X | X X X X | 113,802 | 188,036 |
| 5. 1987.........| X X X X | X X X X | X X X X | 118,421 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
Note: Net of salvage and subrogation received.
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
225,385 | 260,082 | 270,867 | 292,460 | 313,397 |
225,179 | 242,113 | 254,278 | 264,808 | 268,126 |
270,425 | 298,087 | 316,912 | 325,299 | 332,411 |
234,630 | 269,564 | 299,471 | 315,984 | 328,265 |
209,092 | 264,243 | 306,436 | 336,317 | 356,266 |
165,406 | 272,733 | 341,170 | 391,047 | 425,566 |
X X X X | 171,235 | 306,152 | 376,189 | 430,034 |
X X X X | X X X X | 162,381 | 288,198 | 358,059 |
X X X X | X X X X | X X X X | 169,879 | 281,223 |
X X X X | X X X X | X X X X | X X X X | 225,443 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss | Without |
| Payment |Loss Payment |
- -------------|-------------|-------------|
| | |
326,869 | 1 | 5 |
270,178 | 8 | 20 |
336,623 | 4 | 17 |
334,670 | 7 | 38 |
371,073 | 21 | 64 |
454,736 | 53 | 114 |
469,244 | 71,599 | 27,649 |
418,927 | 70,253 | 27,716 |
350,947 | 69,958 | 28,241 |
304,943 | 69,307 | 27,490 |
226,758 | 56,408 | 18,753 |
- -----------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 3F - SECTION 1 - MEDICAL MALPRACTICE - OCCURRENCE
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 4,529 | 11,962 | 18,712 |
| 2. 1984.........| (265)| 58 | 1,084 | 2,268 |
| 3. 1985.........| X X X X | 124 | 1,128 | 2,720 |
| 4. 1986.........| X X X X | X X X X | 275 | 1,052 |
| 5. 1987.........| X X X X | X X X X | X X X X | 958 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
25,004 | 29,928 | 34,843 | 39,168 | 41,575 |
3,241 | 4,176 | 5,247 | 5,376 | 5,432 |
4,706 | 6,242 | 7,484 | 8,001 | 8,545 |
2,370 | 3,381 | 4,471 | 4,958 | 5,430 |
3,231 | 5,544 | 7,795 | 10,150 | 11,202 |
679 | 4,560 | 9,488 | 12,629 | 14,597 |
X X X X | 1,113 | 3,307 | 5,400 | 7,326 |
X X X X | X X X X | 30 | 288 | 1,015 |
X X X X | X X X X | X X X X | 20 | 66 |
X X X X | X X X X | X X X X | X X X X | 144 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
45,231 | 0 | 0 |
5,703 | 0 | 0 |
8,666 | 0 | 0 |
5,480 | 0 | 0 |
11,148 | 0 | 0 |
14,585 | 0 | 0 |
7,234 | 217 | 579 |
(1,433)| 68 | 287 |
610 | 16 | 24 |
438 | 16 | 43 |
71 | 3 | 24 |
- -----------------------------------------
SCHEDULE P - PART 3F - SECTION 2 - MEDICAL MALPRACTICE - CLAIMS-MADE
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 0 | 0 | 0 |
| 2. 1984.........| 0 | 0 | 0 | 0 |
| 3. 1985.........| X X X X | 0 | 0 | 0 |
| 4. 1986.........| X X X X | X X X X | 0 | 0 |
| 5. 1987.........| X X X X | X X X X | X X X X | 33 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
140 | 281 | 261 | 309 | 877 |
162 | 591 | 1,299 | 1,760 | 2,121 |
X X X X | 428 | 1,518 | 4,589 | 5,721 |
X X X X | X X X X | 934 | 2,882 | 5,415 |
X X X X | X X X X | X X X X | 10,449 | 22,751 |
X X X X | X X X X | X X X X | X X X X | 3,276 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
32 | 0 | 0 |
(26)| 0 | 0 |
0 | 0 | 0 |
1 | 0 | 0 |
4,791 | 0 | 0 |
4,525 | 0 | 0 |
13,478 | 62 | 452 |
12,355 | 81 | 783 |
32,094 | 209 | 624 |
7,101 | 103 | 609 |
299 | 17 | 50 |
- -----------------------------------------
SCHEDULE P - PART 3G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT
(ALL PERILS), BOILER AND MACHINERY)
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 19,688 | 35,539 | 34,285 |
| 2. 1984.........| 71,612 | 104,884 | 120,401 | 132,118 |
| 3. 1985.........| X X X X | 42,456 | 85,674 | 102,399 |
| 4. 1986.........| X X X X | X X X X | 31,851 | 45,609 |
| 5. 1987.........| X X X X | X X X X | X X X X | 38,519 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
46,268 | 51,516 | 55,261 | 59,914 | 78,515 |
141,267 | 148,347 | 151,271 | 154,642 | 160,119 |
115,520 | 125,286 | 131,387 | 135,035 | 140,891 |
65,275 | 79,969 | 85,800 | 92,477 | 98,961 |
88,600 | 129,596 | 151,393 | 162,427 | 173,031 |
42,329 | 95,876 | 138,663 | 162,758 | 183,186 |
X X X X | 34,205 | 82,336 | 116,307 | 148,306 |
X X X X | X X X X | 31,802 | 82,168 | 121,173 |
X X X X | X X X X | X X X X | 42,931 | 94,283 |
X X X X | X X X X | X X X X | X X X X | 37,744 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
89,528 | X X X X | X X X X |
157,596 | X X X X | X X X X |
138,738 | X X X X | X X X X |
99,880 | X X X X | X X X X |
180,429 | X X X X | X X X X |
190,532 | X X X X | X X X X |
170,590 | X X X X | X X X X |
144,086 | X X X X | X X X X |
113,350 | X X X X | X X X X |
78,572 | X X X X | X X X X |
59,336 | X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3H - SECTION 1 - OTHER LIABILITY - OCCURRENCE
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 51,941 | 136,557 | 197,235 |
| 2. 1984.........| 20,284 | 36,491 | 62,495 | 85,158 |
| 3. 1985.........| X X X X | 11,025 | 47,289 | 71,205 |
| 4. 1986.........| X X X X | X X X X | 6,104 | 27,018 |
| 5. 1987.........| X X X X | X X X X | X X X X | 15,965 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
256,178 | 313,958 | 357,854 | 399,334 | 470,730 |
99,297 | 116,457 | 128,041 | 142,396 | 158,174 |
99,065 | 128,004 | 153,780 | 176,593 | 199,412 |
47,872 | 72,398 | 95,700 | 115,971 | 144,443 |
36,287 | 60,614 | 81,092 | 100,727 | 130,099 |
15,160 | 43,035 | 86,045 | 126,154 | 161,974 |
X X X X | 25,451 | 63,015 | 108,281 | 161,844 |
X X X X | X X X X | 9,261 | 32,905 | 51,464 |
X X X X | X X X X | X X X X | 9,995 | 31,591 |
X X X X | X X X X | X X X X | X X X X | 13,869 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
477,595 | 1,406 | 905 |
163,466 | 376 | 276 |
206,190 | 631 | 641 |
153,620 | 458 | 480 |
139,826 | 506 | 502 |
196,727 | 365 | 361 |
190,427 | 9,782 | 10,959 |
61,235 | 9,031 | 8,822 |
39,465 | 7,228 | 6,567 |
57,560 | 5,726 | 4,205 |
39,984 | 2,401 | 2,253 |
- -----------------------------------------
SCHEDULE P - PART 3H - SECTION 2 - OTHER LIABILITY - CLAIMS-MADE
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 0 | 0 | 0 |
| 2. 1984.........| 0 | 0 | 0 | 0 |
| 3. 1985.........| X X X X | 0 | 0 | 0 |
| 4. 1986.........| X X X X | X X X X | 0 | 0 |
| 5. 1987.........| X X X X | X X X X | X X X X | 0 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
Note: Net of salvage and subrogation received.
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
X X X X | 0 | 0 | 0 | 0 |
X X X X | X X X X | 0 | 0 | 0 |
X X X X | X X X X | X X X X | 3,040 | 11,088 |
X X X X | X X X X | X X X X | X X X X | 6,552 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- ------------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims | Claims |
11 | Closed | Closed |
1993 | With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
(8)| 0 | 0 |
9 | 0 | 0 |
4 | 0 | 0 |
4 | 0 | 0 |
21 | 0 | 0 |
45 | 0 | 0 |
(75)| 18 | 46 |
0 | 30 | 108 |
25,747 | 141 | 357 |
15,785 | 63 | 192 |
711 | 279 | 98 |
- -----------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 3I - SPECIAL PROPERTY (FIRE, ALLIED LINES, INLAND MARINE,
EARTHQUAKE, GLASS, BURGLARY AND THEFT)
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 3. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
X X X X | X X X X | X X X X | 000 | 136,152 |
X X X X | X X X X | X X X X | X X X X | 113,230 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims |Claims Closed|
11 | Closed With | Without |
1993 |Loss Payment |Loss Payment |
| | |
- -------------|-------------|-------------|
| | |
154,907 | X X X X | X X X X |
208,284 | X X X X | X X X X |
105,963 | X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3J - AUTO PHYSICAL DAMAGE
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 3. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
X X X X | X X X X | X X X X | 000 | 19,501 |
X X X X | X X X X | X X X X | X X X X | 110,499 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims |Claims Closed|
11 | Closed With | Without |
1993 |Loss Payment |Loss Payment |
| | |
- -------------|-------------|-------------|
| | |
22,949 | 191,563 | 21,735 |
124,440 | 133,625 | 12,062 |
127,269 | 89,629 | 7,817 |
- -----------------------------------------
SCHEDULE P - PART 3K - FIDELITY, SURETY, FINANCIAL GUARANTY,
MORTGAGE GUARANTY
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 3. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
X X X X | X X X X | X X X X | 000 | 23,300 |
X X X X | X X X X | X X X X | X X X X | 13,951 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims |Claims Closed|
11 | Closed With | Without |
1993 |Loss Payment |Loss Payment |
| | |
- -------------|-------------|-------------|
| | |
36,322 | X X X X | X X X X |
16,519 | X X X X | X X X X |
24,373 | X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH)
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| X X X X | X X X X | X X X X | X X X X |
| 2. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 3. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
X X X X | X X X X | X X X X | 000 | 50,249 |
X X X X | X X X X | X X X X | X X X X | 17,734 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims |Claims Closed|
11 | Closed With | Without |
1993 |Loss Payment |Loss Payment |
| | |
- -------------|-------------|-------------|
| | |
50,320 | X X X X | X X X X |
51,632 | X X X X | X X X X |
15,890 | X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3M - INTERNATIONAL
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | | | | |
| Losses Were | 2 | 3 | 4 | 5 |
| Incurred | 1984 | 1985 | 1986 | 1987 |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 0 | 0 | 0 |
| 2. 1984.........| 0 | 0 | 0 | 0 |
| 3. 1985.........| X X X X | 0 | 0 | 0 |
| 4. 1986.........| X X X X | X X X X | 0 | 0 |
| 5. 1987.........| X X X X | X X X X | X X X X | 0 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
Note: Net of salvage and subrogation received.
- ----------------------------------------------------------------------
| | | | |
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
X X X X | 0 | 0 | 0 | 0 |
X X X X | X X X X | (25,938)| (18,824)| (11,144)|
X X X X | X X X X | X X X X | 3,151 | 5,755 |
X X X X | X X X X | X X X X | X X X X | 4,100 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
| Claims |Claims Closed|
11 | Closed With | Without |
1993 |Loss Payment |Loss Payment |
| | |
- -------------|-------------|-------------|
| | |
0 | X X X X | X X X X |
0 | X X X X | X X X X |
0 | X X X X | X X X X |
0 | X X X X | X X X X |
0 | X X X X | X X X X |
0 | X X X X | X X X X |
0 | X X X X | X X X X |
(6,695)| X X X X | X X X X |
6,674 | X X X X | X X X X |
6,060 | X X X X | X X X X |
2,731 | X X X X | X X X X |
- -----------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 3N - REINSURANCE A
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| 1. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 2. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 3. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 4. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 5. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 6. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
1,190 | 5,328 | (37)| (1,400)| 3,137 |
X X X X | 16,100 | 32,169 | 35,293 | 44,570 |
X X X X | X X X X | 17,223 | 29,974 | 40,073 |
X X X X | X X X X | X X X X | 12,762 | 30,631 |
X X X X | X X X X | X X X X | X X X X | 54,710 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
11 | Claims | Claims |
1993 | Closed | Closed |
| With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
3,137 | X X X X | X X X X |
44,570 | X X X X | X X X X |
40,073 | X X X X | X X X X |
30,631 | X X X X | X X X X |
54,710 | X X X X | X X X X |
0 | X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3O - REINSURANCE B
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 2. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 3. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 4. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 5. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 6. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
668 | 2,828 | 4,472 | 5,250 | (7,869)|
X X X X | 42,287 | 43,729 | 44,323 | 58,280 |
X X X X | X X X X | 11,335 | 13,303 | 26,354 |
X X X X | X X X X | X X X X | 121 | 14,640 |
X X X X | X X X X | X X X X | X X X X | 13,212 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
11 | Claims | Claims |
1993 | Closed | Closed |
| With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
(7,869)| X X X X | X X X X |
58,280 | X X X X | X X X X |
26,354 | X X X X | X X X X |
14,640 | X X X X | X X X X |
13,212 | X X X X | X X X X |
0 | X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3P - REINSURANCE C
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 2. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 3. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 4. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 5. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 6. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
0 | 0 | 38 | 38 | 592 |
X X X X | 0 | 1 | (2)| 57 |
X X X X | X X X X | 7 | 12 | (113)|
X X X X | X X X X | X X X X | 1 | 4 |
X X X X | X X X X | X X X X | X X X X | 16 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
11 | Claims | Claims |
1993 | Closed | Closed |
| With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
592 | X X X X | X X X X |
57 | X X X X | X X X X |
(113)| X X X X | X X X X |
4 | X X X X | X X X X |
16 | X X X X | X X X X |
0 | X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3Q - REINSURANCE D
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 0 | 2 | 4 |
| 2. 1984.........| 0 | 0 | 199 | 795 |
| 3. 1985.........| X X X X | 0 | 0 | 0 |
| 4. 1986.........| X X X X | X X X X | (332)| (730)|
| 5. 1987.........| X X X X | X X X X | X X X X | 968 |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
5 | 25 | 26 | 141 | 704 |
1,783 | 2,272 | 2,817 | 2,934 | 3,462 |
0 | 13 | 80 | 668 | 1,466 |
(730)| (730)| (730)| (664)| (1,444)|
968 | 968 | 968 | 184 | (906)|
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
11 | Claims | Claims |
1993 | Closed | Closed |
| With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
604 | X X X X | X X X X |
3,462 | X X X X | X X X X |
1,456 | X X X X | X X X X |
(1,444)| X X X X | X X X X |
(906)| X X X X | X X X X |
- -----------------------------------------
SCHEDULE P - PART 3R - SECTION 1 - PRODUCTS LIABILITY - OCCURRENCE
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 50,055 | 65,703 | 92,912 |
| 2. 1984.........| 793 | 2,527 | 5,708 | 10,178 |
| 3. 1985.........| X X X X | 453 | 2,283 | 7,533 |
| 4. 1986.........| X X X X | X X X X | 506 | 1,752 |
| 5. 1987.........| X X X X | X X X X | X X X X | 2,243 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
118,963 | 146,073 | 179,709 | 207,775 | 219,949 |
14,439 | 18,821 | 23,479 | 28,109 | 24,860 |
10,517 | 13,243 | 17,889 | 18,188 | 17,484 |
4,574 | 7,385 | 13,145 | 17,785 | 13,737 |
3,550 | 8,479 | 9,543 | 15,142 | 18,458 |
2,206 | 5,319 | 8,812 | 14,440 | 18,922 |
X X X X | 972 | 2,518 | 5,121 | 7,923 |
X X X X | X X X X | 571 | 2,207 | 3,701 |
X X X X | X X X X | X X X X | 564 | 1,013 |
X X X X | X X X X | X X X X | X X X X | 300 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
11 | Claims | Claims |
1993 | Closed | Closed |
| With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
267,062 | 0 | 0 |
25,986 | 0 | 0 |
19,515 | 0 | 1 |
14,635 | 0 | 0 |
20,846 | 0 | 0 |
32,436 | 2 | 5 |
9,282 | 152 | 278 |
8,313 | 71 | 101 |
2,968 | 118 | 113 |
2,092 | 193 | 60 |
288 | 23 | 20 |
- -----------------------------------------
SCHEDULE P - PART 3R - SECTION 2 - PRODUCTS LIABILITY - CLAIMS-MADE
-----------------------------------------------------------------------------
| | Cumulative Paid Losses and Allocated Expenses at
| 1 | Year End (000 omitted)
| |--------------------------------------------------------
| Years in Which | 2 | 3 | 4 | 5 |
| Losses Were | 1984 | 1985 | 1986 | 1987 |
| Incurred | | | | |
| | | | | |
|--------------------|-------------|-------------|-------------|-------------|
| | | | | |
| 1. Prior .......| 000 | 0 | 0 | 0 |
| 2. 1984.........| 0 | 0 | 0 | 0 |
| 3. 1985.........| X X X X | 0 | 0 | 0 |
| 4. 1986.........| X X X X | X X X X | 0 | 0 |
| 5. 1987.........| X X X X | X X X X | X X X X | 0 |
| 6. 1988.........| X X X X | X X X X | X X X X | X X X X |
| 7. 1989.........| X X X X | X X X X | X X X X | X X X X |
| 8. 1990.........| X X X X | X X X X | X X X X | X X X X |
| 9. 1991.........| X X X X | X X X X | X X X X | X X X X |
| 10. 1992.........| X X X X | X X X X | X X X X | X X X X |
| 11. 1993.........| X X X X | X X X X | X X X X | X X X X |
-----------------------------------------------------------------------------
Note: Net of salvage and subrogation received.
- ----------------------------------------------------------------------
6 | 7 | 8 | 9 | 10 |
1988 | 1989 | 1990 | 1991 | 1992 |
| | | | |
| | | | |
- -------------|-------------|-------------|-------------|-------------|
| | | | |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 |
X X X X | 0 | 0 | 0 | 0 |
X X X X | X X X X | 0 | 0 | 0 |
X X X X | X X X X | X X X X | 0 | 0 |
X X X X | X X X X | X X X X | X X X X | 0 |
X X X X | X X X X | X X X X | X X X X | X X X X |
- ----------------------------------------------------------------------
- -----------------------------------------
| 12 | 13 |
- -------------| Number of | Number of |
11 | Claims | Claims |
1993 | Closed | Closed |
| With Loss |Without Loss |
| Payment | Payment |
- -------------|-------------|-------------|
| | |
30 | 0 | 0 |
(24)| 0 | 0 |
0 | 0 | 0 |
0 | 0 | 0 |
1 | 0 | 0 |
8 | 0 | 0 |
(15)| 0 | 1 |
0 | 0 | 3 |
0 | 0 | 2 |
0 | 0 | 2 |
12 | 1 | 6 |
- -----------------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 4A - HOMEOWNERS/FARMOWNERS
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 13,513 | 6,394 | 2,832 |
| 2. 1984................| 37,320 | 5,226 | 1,817 |
| 3. 1985................| X X X X | 37,436 | 5,210 |
| 4. 1986................| X X X X | X X X X | 39,849 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
1,301 | 997 | 574 | 409 | 521
922 | 537 | 306 | 169 | 238
1,455 | 883 | 448 | 346 | 229
11,836 | 4,805 | 2,377 | 557 | 421
38,365 | 15,331 | 5,892 | 1,510 | 792
X X X X | 37,737 | 16,221 | 3,104 | 1,958
X X X X | X X X X | 44,160 | 7,270 | 4,203
X X X X | X X X X | X X X X | 24,259 | 4,113
X X X X | X X X X | X X X X | X X X X | 21,598
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 163 | 144 |
| 138 | 26 |
| 129 | 144 |
| 145 | 134 |
| 167 | 152 |
| 548 | 175 |
| 1,153 | 569 |
| 2,342 | 1,151 |
| 3,949 | 2,318 |
| 16,882 | 3,855 |
| X X X X | 17,681 |
- --------------------------------
SCHEDULE P - PART 4B - PRIVATE PASSENGER AUTO LIABILITY/MEDICAL
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 36,824 | 29,668 | 10,548 |
| 2. 1984................| 90,374 | 26,698 | 10,106 |
| 3. 1985................| X X X X | 118,405 | 28,156 |
| 4. 1986................| X X X X | X X X X | 126,670 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
4,379 | 2,253 | 1,920 | 811 | 876
3,498 | 1,433 | 2,411 | 1,437 | 496
8,765 | 3,463 | 4,566 | 2,678 | 1,197
38,940 | 12,271 | 12,189 | 7,260 | 1,839
117,022 | 40,823 | 17,752 | 10,810 | 4,590
X X X X | 102,749 | 35,576 | 15,353 | 6,458
X X X X | X X X X | 69,984 | 42,316 | 14,129
X X X X | X X X X | X X X X | 79,424 | 28,302
X X X X | X X X X | X X X X | X X X X | 56,067
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 615 | 366 |
| 324 | 270 |
| 489 | 336 |
| 887 | 508 |
| 1,561 | 1,019 |
| 3,226 | 1,836 |
| 3,861 | 3,026 |
| 8,467 | 5,992 |
| 15,123 | 4,695 |
| 78,568 | 21,546 |
| X X X X | 110,999 |
- --------------------------------
SCHEDULE P - PART 4C - COMMERCIAL AUTO/TRUCK LIABILITY/MEDICAL
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 15,394 | 10,494 | 4,833 |
| 2. 1984................| 32,895 | 9,579 | 4,493 |
| 3. 1985................| X X X X | 35,315 | 12,230 |
| 4. 1986................| X X X X | X X X X | 57,020 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
2,276 | 1,511 | 1,868 | 1,082 | 551
1,879 | 966 | 1,899 | 1,541 | 522
4,890 | 2,722 | 1,964 | 2,312 | 1,722
22,557 | 10,128 | 6,742 | 4,322 | 2,823
62,981 | 28,411 | 12,734 | 7,996 | 4,967
X X X X | 64,751 | 31,248 | 9,070 | 5,101
X X X X | X X X X | 64,923 | 22,574 | 8,198
X X X X | X X X X | X X X X | 53,460 | 19,140
X X X X | X X X X | X X X X | X X X X | 40,050
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 258 | 175 |
| 193 | 94 |
| 510 | 201 |
| 830 | 530 |
| 714 | 885 |
| 1,634 | 804 |
| 2,645 | 1,980 |
| 8,040 | 2,713 |
| 13,152 | 8,190 |
| 56,235 | 18,398 |
| X X X X | 63,015 |
- --------------------------------
SCHEDULE P - PART 4D - WORKERS' COMPENSATION
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 54,785 | 53,276 | 27,301 |
| 2. 1984................| 46,541 | 16,385 | 8,181 |
| 3. 1985................| X X X X | 75,532 | 17,474 |
| 4. 1986................| X X X X | X X X X | 129,077 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
29,244 | 25,294 | 20,861 | 14,942 | 11,162
9,417 | 7,863 | 6,212 | 5,390 | 5,593
12,816 | 10,234 | 9,523 | 6,033 | 5,393
35,801 | 16,289 | 18,237 | 7,155 | 6,196
141,569 | 51,553 | 26,472 | 13,861 | 7,375
X X X X | 194,846 | 63,338 | 27,378 | 13,555
X X X X | X X X X | 235,722 | 92,241 | 30,029
X X X X | X X X X | X X X X | 285,795 | 106,508
X X X X | X X X X | X X X X | X X X X | 348,314
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 28,885 | 24,702 |
| 5,061 | 5,353 |
| 5,052 | 5,335 |
| 7,060 | 5,341 |
| 10,297 | 7,459 |
| 15,189 | 10,138 |
| 21,826 | 11,387 |
| 64,073 | 24,503 |
| 176,962 | 60,214 |
| 347,087 | 159,058 |
| X X X X | 336,124 |
- --------------------------------
SCHEDULE P - PART 4E - COMMERCIAL MULTIPLE PERIL
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 46,430 | 33,236 | 16,304 |
| 2. 1984................| 95,550 | 23,652 | 10,538 |
| 3. 1985................| X X X X | 115,328 | 28,581 |
| 4. 1986................| X X X X | X X X X | 191,308 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
10,671 | 8,361 | 7,139 | 3,940 | 2,599
6,576 | 3,953 | 3,299 | 2,897 | 1,406
10,921 | 8,376 | 6,514 | 4,839 | 2,664
67,069 | 30,488 | 18,778 | 9,631 | 5,512
211,701 | 93,417 | 48,496 | 28,843 | 14,136
X X X X | 229,445 | 87,053 | 58,683 | 32,407
X X X X | X X X X | 223,514 | 98,912 | 55,530
X X X X | X X X X | X X X X | 210,464 | 92,933
X X X X | X X X X | X X X X | X X X X | 209,325
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 405 | 139 |
| 387 | 278 |
| 567 | 397 |
| 1,597 | 587 |
| 8,009 | 1,699 |
| 15,564 | 6,329 |
| 22,204 | 12,906 |
| 46,794 | 18,923 |
| 73,804 | 31,375 |
| 204,500 | 98,773 |
| X X X X | 197,163 |
- --------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 4F - SECTION 1 - MEDICAL MALPRACTICE - OCCURRENCE
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 25,442 | 26,260 | 19,239 |
| 2. 1984................| 1,179 | 1,160 | 831 |
| 3. 1985................| X X X X | 4,266 | 1,149 |
| 4. 1986................| X X X X | X X X X | 6,207 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
14,866 | 12,587 | 10,354 | 8,952 | 7,755
1,258 | 1,196 | 1,012 | 870 | 986
322 | 532 | 852 | 747 | 713
2,683 | 2,172 | 994 | 593 | 615
5,452 | 3,143 | 1,933 | 1,302 | 540
X X X X | 4,374 | 2,520 | 957 | 667
X X X X | X X X X | 4,726 | 2,549 | 879
X X X X | X X X X | X X X X | 3,283 | 1,208
X X X X | X X X X | X X X X | X X X X | 4,780
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 3,104 | 1,454 |
| 976 | 859 |
| 854 | 173 |
| 465 | 1 |
| 495 | 122 |
| 227 | 27 |
| 300 | 23 |
| 1,182 | 2,034 |
| 1,964 | 1,499 |
| 1,211 | 2,354 |
| X X X X | 272 |
- --------------------------------
SCHEDULE P - PART 4F - SECTION 2 - MEDICAL MALPRACTICE - CLAIMS-MADE
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 0 | 0 | 0 |
| 2. 1984................| 0 | 0 | 0 |
| 3. 1985................| X X X X | 0 | 0 |
| 4. 1986................| X X X X | X X X X | 0 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
6,890 | 3,744 | 2,280 | 2,099 | 1,591
X X X X | 13,223 | 8,138 | 4,130 | 2,228
X X X X | X X X X | 17,137 | 22,369 | 7,034
X X X X | X X X X | X X X X | 15,988 | 9,449
X X X X | X X X X | X X X X | X X X X | 28,106
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 329 | 2,091 |
| 1,175 | 706 |
| 3,062 | 843 |
| 5,626 | 1,498 |
| 19,238 | 5,081 |
| 21,136 | 8,050 |
| X X X X | 32,552 |
- --------------------------------
SCHEDULE P - PART 4G - SPECIAL LIABILITY (OCEAN MARINE, AIRCRAFT
(ALL PERILS), BOILER AND MACHINERY)
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 11,930 | 6,808 | 3,075 |
| 2. 1984................| 27,413 | 5,373 | 2,516 |
| 3. 1985................| X X X X | 34,291 | 4,409 |
| 4. 1986................| X X X X | X X X X | 43,756 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
1,880 | 1,589 | 1,503 | 267 | 593
1,433 | 863 | 1,050 | 561 | 163
2,369 | 1,297 | 1,212 | 910 | 182
22,215 | 9,305 | 1,919 | 885 | 687
66,365 | 29,375 | 5,744 | 1,681 | 1,226
X X X X | 66,032 | 25,110 | 4,867 | 1,616
X X X X | X X X X | 59,265 | 8,833 | 3,372
X X X X | X X X X | X X X X | 52,466 | 12,094
X X X X | X X X X | X X X X | X X X X | 25,708
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 416 | 4,197 |
| 221 | 2,228 |
| 211 | 2,227 |
| 326 | 2,217 |
| 419 | 2,336 |
| 579 | 1,434 |
| 1,135 | 1,579 |
| 5,989 | 11,161 |
| 6,895 | 26,184 |
| 25,682 | 27,163 |
| X X X X | 81,792 |
- --------------------------------
SCHEDULE P - PART 4H - SECTION 1 - OTHER LIABILITY - OCCURRENCE
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 101,282 | 69,191 | 27,755 |
| 2. 1984................| 62,112 | 35,872 | 17,151 |
| 3. 1985................| X X X X | 110,599 | 63,829 |
| 4. 1986................| X X X X | X X X X | 218,317 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
42,967 | 35,099 | 37,069 | 25,546 | 23,378
16,471 | 17,036 | 17,924 | 13,180 | 9,747
53,998 | 33,355 | 23,934 | 18,626 | 14,627
132,263 | 94,338 | 79,528 | 60,046 | 39,126
236,463 | 167,895 | 154,407 | 134,272 | 91,910
X X X X | 269,216 | 183,396 | 160,726 | 117,061
X X X X | X X X X | 272,255 | 216,739 | 165,622
X X X X | X X X X | X X X X | 204,740 | 163,654
X X X X | X X X X | X X X X | X X X X | 93,861
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 13,803 | 5,570 |
| 8,239 | 4,398 |
| 6,887 | 5,183 |
| 20,458 | 6,279 |
| 50,365 | 18,005 |
| 75,020 | 29,059 |
| 117,792 | 49,468 |
| 127,446 | 78,188 |
| 59,290 | 40,984 |
| 99,255 | 49,614 |
| X X X X | 99,868 |
- --------------------------------
SCHEDULE P - PART 4H - SECTION 2 - OTHER LIABILITY - CLAIMS-MADE
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| 1 | (000 omitted)
| |------------------------------------------------
| Years in Which | | | |
| Losses Were | 2 | 3 | 4 |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 0 | 0 | 0 |
| 2. 1984................| 0 | 0 | 0 |
| 3. 1985................| X X X X | 0 | 0 |
| 4. 1986................| X X X X | X X X X | 0 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
X X X X | 0 | 0 | 0 | 0
X X X X | X X X X | 0 | 0 | 0
X X X X | X X X X | X X X X | 0 | 0
X X X X | X X X X | X X X X | X X X X | 37,342
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
|---------------|---------------|
| | |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 18,504 | 12,086 |
| 12,296 | 25,500 |
| X X X X | 83,813 |
- --------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 4I - SPECIAL PROPERTY (FIRE, ALLIED LINES, INLAND MARINE,
EARTHQUAKE, GLASS, BURGLARY AND THEFT)
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | | | |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| X X X X | X X X X | X X X X |
| 2 1992................| X X X X | X X X X | X X X X |
| 3. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
| | | |
1987 | 1988 | 1989 | 1990 | 1991
| | | |
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
X X X X | X X X X | X X X X | X X X X | 25,160
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| | |
| 1992 | 1993 |
| | |
| | |
|---------------|---------------|
| | |
| 3,529 | 227 |
| 14,163 | 3,440 |
| X X X X | 47,826 |
- --------------------------------
SCHEDULE P - PART 4J - AUTO PHYSICAL DAMAGE
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | | | |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| X X X X | X X X X | X X X X |
| 2 1992................| X X X X | X X X X | X X X X |
| 3. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
X X X X | X X X X | X X X X | X X X X | 11,156
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| | |
| 1992 | 1993 |
| | |
| | |
|---------------|---------------|
| | |
| 3,197 | 663 |
| 9,143 | 2,097 |
| X X X X | 5,380 |
- --------------------------------
SCHEDULE P - PART 4K - FIDELITY, SURETY, FINANCIAL GUARANTY,
MORTGAGE GUARANTY
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | | | |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| X X X X | X X X X | X X X X |
| 2 1992................| X X X X | X X X X | X X X X |
| 3. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
X X X X | X X X X | X X X X | X X X X | 40,619
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| | |
| 1992 | 1993 |
| | |
| | |
|---------------|---------------|
| | |
| 14,895 | 4,015 |
| 29,992 | 11,323 |
| X X X X | 25,547 |
- --------------------------------
SCHEDULE P - PART 4L - OTHER (INCLUDING CREDIT, ACCIDENT AND HEALTH
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | | | |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| X X X X | X X X X | X X X X |
| 2 1992................| X X X X | X X X X | X X X X |
| 3. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
X X X X | X X X X | X X X X | X X X X | 7,086
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| | |
| 1992 | 1993 |
| | |
| | |
|---------------|---------------|
| | |
| 438 | 32 |
| 6,370 | 460 |
| X X X X | 8,495 |
- --------------------------------
SCHEDULE P - PART 4M - INTERNATIONAL
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | | | |
| Incurred | 1984 | 1985 | 1986 |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 0 | 0 | 0 |
| 2. 1984................| 0 | 0 | 0 |
| 3. 1985................| X X X X | 0 | 0 |
| 4. 1986................| X X X X | X X X X | 0 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
X X X X | 0 | 0 | 0 | 0
X X X X | X X X X | 0 | 0 | 0
X X X X | X X X X | X X X X | 9,301 | 8,397
X X X X | X X X X | X X X X | X X X X | 4,739
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| | |
| 1992 | 1993 |
| | |
| | |
|---------------|---------------|
| | |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 2,518 | 2,695 |
| 1,707 | 2,153 |
| 2,069 | 2,378 |
| X X X X | 4,762 |
- --------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P - PART 4N - REINSURANCE A
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| 1. 1988................| X X X X | X X X X | X X X X |
| 2. 1989................| X X X X | X X X X | X X X X |
| 3. 1990................| X X X X | X X X X | X X X X |
| 4. 1991................| X X X X | X X X X | X X X X |
| 5. 1992................| X X X X | X X X X | X X X X |
| 6. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
| | | |
| | | |
- ---------------|---------------|---------------|---------------|---------------
X X X X | 6,436 | 2,783 | 1,089 | 915
X X X X | X X X X | 7,933 | 3,195 | 1,795
X X X X | X X X X | X X X X | 8,079 | 4,093
X X X X | X X X X | X X X X | X X X X | 8,464
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
| | |
| | |
|---------------|---------------|
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 4,798 | 0 |
| X X X X | 0 |
- --------------------------------
SCHEDULE P - PART 4O - REINSURANCE B
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. 1988................| X X X X | X X X X | X X X X |
| 2. 1989................| X X X X | X X X X | X X X X |
| 3. 1990................| X X X X | X X X X | X X X X |
| 4. 1991................| X X X X | X X X X | X X X X |
| 5. 1992................| X X X X | X X X X | X X X X |
| 6. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
| | | |
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
X X X X | 9,202 | 9,052 | 6,300 | 5,133
X X X X | X X X X | 13,994 | 11,719 | 9,407
X X X X | X X X X | X X X X | 16,487 | 10,163
X X X X | X X X X | X X X X | X X X X | 13,319
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
| | |
| | |
|---------------|---------------|
| | |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 1,105 | 0 |
| X X X X | 0 |
- --------------------------------
SCHEDULE P - PART 4P - REINSURANCE C
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. 1988................| X X X X | X X X X | X X X X |
| 2. 1989................| X X X X | X X X X | X X X X |
| 3. 1990................| X X X X | X X X X | X X X X |
| 4. 1991................| X X X X | X X X X | X X X X |
| 5. 1992................| X X X X | X X X X | X X X X |
| 6. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
| | | |
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
X X X X | 59 | 36 | 22 | 19
X X X X | X X X X | 110 | 104 | 69
X X X X | X X X X | X X X X | 89 | 45
X X X X | X X X X | X X X X | X X X X | 6
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
| | |
| | |
|---------------|---------------|
| | |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| X X X X | 0 |
- --------------------------------
SCHEDULE P - PART 4Q - REINSURANCE D
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 0 | 0 | 0 |
| 2. 1984................| 1,267 | 1,118 | 0 |
| 3. 1985................| X X X X | 0 | 0 |
| 4. 1986................| X X X X | X X X X | 0 |
| 5. 1987................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
| | | |
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
| | |
| | |
|---------------|---------------|
| | |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
- --------------------------------
SCHEDULE P - PART 4R - SECTION 1 - PRODUCTS LIABILITY - OCCURRENCE
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 43,692 | 33,697 | 21,706 |
| 2. 1984................| 18,257 | 11,891 | 7,157 |
| 3. 1985................| X X X X | 22,289 | 16,241 |
| 4. 1986................| X X X X | X X X X | 41,667 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
| | | |
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
22,406 | 19,694 | 20,298 | 10,541 | 3,462
7,384 | 5,328 | 5,723 | 3,750 | 2,243
11,578 | 10,802 | 9,958 | 5,159 | 3,912
25,595 | 24,140 | 21,482 | 15,592 | 8,759
37,070 | 30,194 | 25,657 | 21,101 | 10,181
X X X X | 36,261 | 24,875 | 21,484 | 15,345
X X X X | X X X X | 22,754 | 17,664 | 14,109
X X X X | X X X X | X X X X | 13,994 | 11,541
X X X X | X X X X | X X X X | X X X X | 10,179
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
| | |
| | |
|---------------|---------------|
| | |
| 2,593 | 1,809 |
| 1,553 | 869 |
| 2,558 | 1,616 |
| 4,769 | 2,654 |
| 6,294 | 4,413 |
| 6,664 | 6,682 |
| 5,901 | 6,956 |
| 7,223 | 6,335 |
| 8,525 | 7,719 |
| 8,877 | 9,063 |
| X X X X | 23,035 |
- --------------------------------
SCHEDULE P - PART 4R - SECTION 2 - PRODUCTS LIABILITY - CLAIMS-MADE
------------------------------------------------------------------------------
| | BULK AND INCURRED BUT NOT REPORTED ON LOSSES
| | AND ALLOCATED EXPENSES AT YEAR END
| | (000 omitted)
| 1 |------------------------------------------------
| | | | |
| Years in Which | 2 | 3 | 4 |
| Losses Were | 1984 | 1985 | 1986 |
| Incurred | | | |
| | | | |
| | | | |
|-----------------------------|---------------|---------------|---------------|
| | | | |
| 1. Prior ..............| 0 | 0 | 0 |
| 2. 1984................| 0 | 0 | 0 |
| 3. 1985................| X X X X | 0 | 0 |
| 4. 1986................| X X X X | X X X X | 0 |
| 5. 1987................| X X X X | X X X X | X X X X |
| 6. 1988................| X X X X | X X X X | X X X X |
| 7. 1989................| X X X X | X X X X | X X X X |
| 8. 1990................| X X X X | X X X X | X X X X |
| 9. 1991................| X X X X | X X X X | X X X X |
| 10. 1992................| X X X X | X X X X | X X X X |
| 11. 1993................| X X X X | X X X X | X X X X |
------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
| | | |
5 | 6 | 7 | 8 | 9
1987 | 1988 | 1989 | 1990 | 1991
| | | |
| | | |
| | | |
- ---------------|---------------|---------------|---------------|---------------
| | | |
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
0 | 0 | 0 | 0 | 0
X X X X | 0 | 0 | 0 | 0
X X X X | X X X X | 0 | 0 | 0
X X X X | X X X X | X X X X | 0 | 0
X X X X | X X X X | X X X X | X X X X | 0
X X X X | X X X X | X X X X | X X X X | X X X X
X X X X | X X X X | X X X X | X X X X | X X X X
- -------------------------------------------------------------------------------
- --------------------------------|
| | |
| 10 | 11 |
| 1992 | 1993 |
| | |
| | |
| | |
|---------------|---------------|
| | |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| 0 | 0 |
| X X X X | 1,876 |
- --------------------------------
CONSOLIDATED ANNUAL STATEMENT FOR THE YEAR 1993 OF THE
CONTINENTAL CORPORATION COMBINED SCHEDULE P FOR INSURANCE SEGMENTS
..................................................................
(Name)
SCHEDULE P INTERROGATORIES
-----------------------------------------------------------------------------
| |
| |
| 1. Computation of excess statutory reserves over statement reserves. |
| See Instructions for explanation and formulas. |
| |
| (a) Auto Liability (private passenger and commercial) |
| |
| 1993 $0 ( 75.0%) 1992 $0 ( 75.0%) |
| ---------------------- ---------------------- |
| 1991 $0 ( 75.0%) Total $0 |
| ---------------------- ----------------------- |
| |
| (b) Other Liability and Products Liability |
| |
| 1993 $0 ( 60.0%) 1992 $0 ( 60.0%) |
| ---------------------- ---------------------- |
| 1991 $0 ( 60.0%) Total $0 |
| ---------------------- ----------------------- |
| |
| (c) Medical Malpractice |
| |
| 1993 $0 ( 60.0%) 1992 $0 ( 60.0%) |
| ----------------------- ---------------------- |
| 1991 $0 ( 60.0%) Total $0 |
| ----------------------- ----------------------- |
| |
| (d) Workers' Compensation |
| |
| 1993 $0 ( 75.0%) 1992 $0 ( 75.0%) |
| ------------------------ ---------------------- |
| 1991 $0 ( 75.0%) Total $0 |
| ------------------------ ----------------------- |
| |
| (e) Credit Total $0 |
| ----------------------- |
| |
| (f) All Lines Total (Report here and Page 3) |
| Total $0 |
| ------------------------ |
| 2. What is the extended loss and expense reserve - direct and assumed |
| - for the following classes? An example of an extended |
| expense reserve is the actuarial reserve for the free-tail co |
| arising upon death, disability or retirement in most medical |
| policies. Such a liability is to be reported here even if it was |
| not reported elsewhere in Schedule P, but otherwise reported as a |
| liability item on page 3. Show the full reserve amount |
| the change during the current year. |
| |
| |
| ---------------------------------------------------------------- |
| | Year in which premiums | 1 | 2 | 3 | |
| | were earned and losses | Medical | Other | Products | |
| | were incurred | Malpractice | Liability | Liability | |
| |--------------------------|-------------|-----------|-----------| |
| | (a) 1987 | | | | |
| | (b) 1988 | | | | |
| | (c) 1989 | 50,000 | | | |
| | (d) 1990 | 150,000 | | | |
| | (e) 1991 | 300,000 | | | |
| | (f) 1992 | 400,000 | | | |
| | (g) 1993 | 500,000 | | | |
| |--------------------------|-------------|-----------|-----------| |
| | (h) Totals | 1,500,000 | 0 | 0 | |
| ---------------------------------------------------------------- |
| |
| 3. The term "Loss expense" includes all payments for legal expenses, |
| including attorney's and witness fees and court costs, salaries and |
| expenses of investigators, adjustors and field men, rents, |
| stationery, telegraph and telephone charges, postage, salaries and |
| expenses of office employees, home office expense and all other |
| payments under or on account of such injuries, whether the payments |
| are allocated to specfic claims or are unallocated. Are they so |
| reported in this statement? |
| Answer: Yes[ X ] No[ ] |
| |
| 4. The unallocated loss expense payments paid during the most recent |
| calendar year should be distributed to the various years in which |
| losses were incurred as follows: (1) 45% to the most recent year, |
| (2) 5% to the next most recent year, and (3) the balance to all |
| years, including the most recent, in proportion to the amount of |
| loss payments paid for each year during the most recent calendar |
| year. If the distribution in (1) or (2) produces an accumlated |
| distribution to such year in excess of 10% of the premiums |
| earned for such year, disregarding all distributions made under |
| (3), such accumulated distribution should be limited to 10% of |
| premiums earned and the balance distributed in accordance with (3). |
| Are they so reported in this Statement? |
| Answer: Yes[ X ] No[ ] |
| |
| 5. Do any lines in Schedule P include reserves which are reported |
| gross of any discount to present value of future payments, but are |
| reported net of such discounts on page 10? |
| Answer: Yes[ ] No[ X ] |
| |
| If yes, proper reporting must be made in the Notes to Financial |
| Statements, as specified in the Instructions. Also, the discount |
| must be reported in Schedule P - Part 1, Columns 31 and 32. |
| |
| Schedule P must be completed gross of non-tabular discounting. Work |
| papers relating to discount calculations must be available for |
| examination upon request. |
| |
| Discounting is allowed only if expressly permitted by the state |
| insurance department to which this Annual Statment is being filed. |
| |
| 6. What were the net premiums in force at the end of the year for: |
| (in thousands of dollars) |
| (a) Fidelity $35,573 |
| (b) Surety $110,878 |
| |
| 7. Claim count information is reported (check one) |
| If not the same in all years, explain in Question 8. |
| (a) per claim _____ |
| (b) per claimant __X__ |
| |
| 8. The information provided in Schedule P will be used by many persons |
| to estimate the adequacy of the current loss and expense reserves, |
| amoung other things. Are there any especially significant events, |
| coverage, retention or accounting changes which have occurred which |
| must be considered when making such analyses (An extended |
| statement may be attached)? The group commuted a portion of its |
| total reinsurance with the Workers Compensation Reinsurance Bureau |
| (WCB) in December 1993 for the calendar years 1980 through 1992. |
| Outlined below are the results of this transaction: |
| ASSUMED CEDED NET |
| Losses Unpaid - Case Basis $ (97,000,000) $ (97,000,000) $ 0 |
| Losses Unpaid - IBNR Basis (103,000,000) (111,000,000) 8,000,000 |
| Losses Paid (200,000,000) (200,000,000) 0 |
| Losses Incurred $ 0 $ (8,000,000) $ 8,000,000 |
| |
----------------------------------------------------------------------------