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Table 3A
<br />Size of Loss Distribution: Total Reported Claims
<br />$0
<br />-P10",
<br />549
<br />32
<br />47
<br />31
<br />2011+ '21113
<br />50
<br />45
<br />88
<br />,'
<br />60
<br />2litt8111t�=
<br />17
<br />t b9f
<br />15
<br />�1t#I11
<br />34
<br />.` . `I
<br />968
<br />°° t1
<br />$0 to $5,000
<br />1,134
<br />42
<br />52
<br />38
<br />52
<br />34
<br />29
<br />49
<br />61
<br />32
<br />27
<br />1,550
<br />80.9%
<br />$5,000 to $10,000
<br />91
<br />7
<br />10
<br />2
<br />5
<br />4
<br />1
<br />2
<br />7
<br />3
<br />5
<br />137
<br />88.1%
<br />$10,000 to $25,000
<br />68
<br />0
<br />6
<br />0
<br />4
<br />1
<br />5
<br />2
<br />2
<br />3
<br />3
<br />94
<br />93.0%
<br />$25,000 to $50,000
<br />31
<br />1
<br />5
<br />1
<br />0
<br />3
<br />2
<br />1
<br />0
<br />1
<br />1
<br />46
<br />95.4%
<br />$50,000 to $100,000
<br />19
<br />2
<br />4
<br />2
<br />2
<br />0
<br />0
<br />3
<br />6
<br />0
<br />8
<br />46
<br />9T %
<br />$100,000 to $250,000
<br />14
<br />0
<br />6
<br />1
<br />2
<br />0
<br />3
<br />2
<br />1
<br />0
<br />0
<br />291
<br />99.3%
<br />$250,000 to $500,000
<br />5
<br />0
<br />0
<br />0
<br />0
<br />1
<br />2
<br />0
<br />2
<br />0
<br />0
<br />10
<br />99.8%
<br />$500,000 to $750,000
<br />1
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />1
<br />99.9%
<br />$750,000 to $1 M
<br />1
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />1
<br />99.9%
<br />, Over $1M
<br />0
<br />0
<br />0
<br />01
<br />0
<br />0
<br />0
<br />11
<br />01
<br />01
<br />0
<br />1
<br />100.0%
<br />Total
<br />1 1,9131
<br />841
<br />1301
<br />751
<br />1151
<br />881
<br />1301
<br />30
<br />1201
<br />961
<br />541
<br />78
<br />2,883
<br />Note: Data is provided by the City.
<br />Total non -zero claims = 1,915 (2,883 - 968)
<br />" One claim in 2007/08 in "Over $1 M" layer is not covered by CJPRMA.
<br />Table 3B
<br />Size of Loss Distribution: Total Reported Incurred Losses
<br />($000)
<br />1�i8;, i , °'
<br />$0
<br />0
<br />d2
<br />0
<br />E $ G
<br />0
<br />-4
<br />0
<br />' 2t104d05`
<br />0
<br />`2005/0
<br />0
<br />00$ 0
<br />0
<br />F1 7 X01
<br />0
<br />' 2t i8/b9
<br />0
<br />0
<br />�1I
<br />0
<br />a
<br />0
<br />$0 to $5,000
<br />1,084
<br />59
<br />67
<br />46
<br />61
<br />54
<br />32
<br />45
<br />44
<br />26
<br />43
<br />1,562
<br />7.7%
<br />$5,000 to $10
<br />658
<br />49
<br />66
<br />15
<br />34
<br />25
<br />9
<br />14
<br />46
<br />22
<br />39
<br />976
<br />12.6%
<br />$10,000 to $25,000
<br />1,065
<br />0
<br />92
<br />0
<br />57
<br />12
<br />67
<br />26
<br />27
<br />53
<br />42
<br />1,441
<br />19.7%
<br />$25,000 to $50,000
<br />1,152
<br />35
<br />208
<br />36
<br />0
<br />100
<br />68
<br />43
<br />0
<br />33
<br />47
<br />1,723
<br />28.2%
<br />$50,000 to $100,000
<br />1,287
<br />141
<br />300
<br />171
<br />146
<br />0
<br />0
<br />204
<br />452
<br />01
<br />420
<br />3,122
<br />43.7%
<br />$100,000 to $250,000
<br />2,010
<br />0
<br />965
<br />105
<br />384
<br />0
<br />380
<br />263
<br />152
<br />01
<br />0
<br />4,2591
<br />64.8%
<br />$250,000 to $500,000
<br />1,849
<br />0
<br />0
<br />0
<br />0
<br />426
<br />667
<br />0
<br />739
<br />0
<br />0
<br />3,681
<br />83.0%
<br />$500,000 to $750,000
<br />640
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />640
<br />86.2%
<br />$750,000 to $1 M
<br />833
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />Over $1M
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />1,950
<br />0
<br />0
<br />0
<br />Wim
<br />Total
<br />10,578
<br />284
<br />1,698
<br />373
<br />682
<br />617
<br />1,224
<br />2,546
<br />1,460
<br />134
<br />590
<br />Note: Data is provided by the City.
<br />One claim in 2007/08 in "Over $1 M" layer ($1.95 million) is not covered by CJPRMA.
<br />Table 3A and 3B show that the City has experienced 3 claims above $500,000 from July 1,
<br />1981 to June 30, 2011. Two of these claims for $640,000 (1999/00) and $833,000 (1994/95)
<br />would have been eligible to be covered by CJPRMA. Thus, had the City had $500,000 SIR
<br />instead of $1 million SIR, it would have recovered $473,000 ($140,000 + $333,000, coming
<br />from $640,000 - $500,000 and $833,000 - $500,000, respectively) from the excess insurance.
<br />However, they City would have paid over all these years from 1.981/82 to 2010/11, a total
<br />premium contribution of about $1.5 million (an approximation based on 30 years multiplied
<br />by an average annual premium of about $50,000).
<br />D
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