Accident Year Vs Calendar Year. So effectively, the year of the claim matters for accident year, but not underwriting year? That all depends… what year is it?


Accident Year Vs Calendar Year

The combined ratio difference between calendar year and carrier reported policy year both show improvements. For example, if an accident occurred in december 2021 and was paid in january 2022, with a lag of 1 year for development, the first source would place it in accident year 2021 with a lag of 1.

Accident Year Vs Calendar Year Images References :