Rate Filing Calculator

Calculate indicated rate changes for insurance rate filings using loss ratio and expense analysis.

Earned Premium

Ultimate Losses

Fixed Expense Ratio (%)

Variable Expense Ratio (%)

Profit Target (%)

Tab to move between fields

Indicated Rate Change

-7.1%

Required Premium

$9,285,714

Actual Loss Ratio65%

Permissible Loss Ratio70%

Profit Provision$500,000

How to Use This Calculator

Enter the current written premium and loss data for the experience period.
Input the trend factors for loss cost and premium.
Set the development and credibility factors.
Review the indicated rate level change and the proposed overall rate change.
Document all actuarial assumptions in the supporting memorandum for the regulatory filing.

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