Specifications include, but are not limited to: 1. Estimate net ultimate loss and allocated loss adjustment expense and reserves for fiscal accident years 1982 through 2022 as of June 30, 2022, separately for the following self-insured coverage’s: General Liability Workers’ Compensation Property Marine Liability Automobile Liability Aviation Medical Malpractice (combined into General Liability from Fiscal Year 95 on) 2. Estimate projected fiscal accident years for the three following years (2023, 2024, and 2025) net ultimate loss and allocated loss adjustment expense for coverage mentioned in #1 above. Page 10 of 29 3. Estimate net loss and loss adjustment expense payments during fiscal years 2023, 2024, and 2025 for fiscal accident years 1982 through 2022 for each coverage mentioned in #1 above. 4. Estimate total net loss and loss adjustment expense reserves at the expected and 75%, 85% and 95% confidence levels as of June 30, 2023, June 30, 2024, and June 30, 2025. 5. Perform an analysis assuming the lesser of actual or $1 million self-insured retentions for each item 1 through 4 mentioned above.
