New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 18 - CREDIT INSURANCE
Part 2 - CREDIT LIFE AND CREDIT HEALTH INSURANCE
Section 13.18.2.32 - FORM CI-DRF: PART B - CASE EXPERIENCE
Universal Citation: 13 NM Admin Code 13.18.2.32
Current through Register Vol. 35, No. 6, March 26, 2024
19___ 19___ 19___ 19___
1. Actual Earned Premiums
a. Net Written Premiums* _____ _____ _____
_____
b. Premium Reserve Beginning
of Period _____ _____ _____ _____
c. Premium Reserve End of Period _____ _____
_____ _____
d. Earned Premiums
(a+b-c) _____ _____ _____ _____
2. Earned Premiums at Presumptive Rates _____ _____ _____ _____
3. Incurred Claims
a. Claims Paid _____ _____ _____
_____
b. Unreported Claims,
Beginning of Period _____ _____ _____ _____
c. Unreported Claims, End of Period _____
_____ _____ _____
d. Claim Reserve,
Beginning of Period _____ _____ _____ _____
e. Claim Reserve, End of Period _____ _____
_____ _____
f. Incurred Claims,
(a+b+c-d-e) _____ _____ _____ _____
4. Actual Loss Ratio for Case at Presumptive
Rates: 3(f) [divided by] 2 _____ _____ _____ _____
5. Average Number of Life Years _____ _____ _____ _____
6. Incurred Claim Count** _____ _____ _____ _____
*Net written premiums are to be determined as Gross Premium written (before deductions for dividends and experience rating credits) less refunds on terminations.
**Entries on 5. and 6. should be based on the Credibility Table elected by the insurer.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
