ESTIMATED ASBESTOS LOSSES, 2000-2008
2000 |
$10.7 |
$1.5 |
$1.4 |
$10.9 |
2001 |
10.9 |
3.8 |
1.6 |
13.0 |
2002 |
12.7 |
7.6 |
2.0 |
18.3 |
2003 |
18.1 |
6.5 |
2.2 |
22.4 |
2004 |
22.4 |
4.3 |
3.3 |
23.4 |
2005 |
23.4 |
3.6 |
2.3 |
24.8 |
2006 |
24.8 |
1.6 |
2.6 |
23.8 |
2007 |
23.8 |
2.5 |
2.6 |
23.7 |
2008 |
23.7 |
1.1 |
3.0 |
21.8 |
|
(1) Incurred losses are losses related to events that have occurred,regardless of whether or not the claims have been paid.
(2) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: ISO.
ESTIMATED ASBESTOS LOSSES, 2000-2009
2000 |
$10.7 |
$1.5 |
$1.4 |
$10.9 |
2001 |
10.8 |
3.8 |
1.6 |
13.0 |
2002 |
12.7 |
7.6 |
2.0 |
18.3 |
2003 |
18.1 |
6.5 |
2.2 |
22.4 |
2004 |
22.4 |
4.3 |
3.3 |
23.4 |
2005 |
23.4 |
3.6 |
2.3 |
24.8 |
2006 |
24.8 |
1.6 |
2.6 |
23.8 |
2007 |
23.8 |
2.5 |
2.6 |
23.7 |
2008 |
23.7 |
1.1 |
3.0 |
21.8 |
2009 |
21.8 |
2.0 |
2.2 |
21.5 |
|
(1) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid. Includes loss adjustment expenses.
(2) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: ISO.
ESTIMATED ASBESTOS LOSSES, 2001-2010
2001 |
$11.0 |
$3.8 |
$1.6 |
$13.2 |
2002 |
12.9 |
7.6 |
2.0 |
18.4 |
2003 |
18.2 |
6.5 |
2.2 |
22.5 |
2004 |
22.5 |
4.3 |
3.3 |
23.6 |
2005 |
23.6 |
3.6 |
2.3 |
24.9 |
2006 |
24.9 |
1.6 |
2.6 |
23.9 |
2007 |
23.9 |
2.5 |
2.6 |
23.8 |
2008 |
23.8 |
1.1 |
3.1 |
21.9 |
2009 |
21.9 |
2.0 |
2.2 |
21.6 |
2010 |
21.6 |
2.5 |
2.4 |
21.6 |
|
(1) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid. Includes loss adjustment expenses.
(2) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: ISO, a Verisk Analytics company.
ESTIMATED ASBESTOS LOSSES, 2002-2011
2002 |
$12.9 |
$7.6 |
$2.0 |
$18.5 |
2003 |
18.3 |
6.5 |
2.2 |
22.5 |
2004 |
22.5 |
4.3 |
3.3 |
23.6 |
2005 |
23.6 |
3.6 |
2.3 |
24.9 |
2006 |
24.9 |
1.6 |
2.6 |
23.9 |
2007 |
23.9 |
2.5 |
2.6 |
23.8 |
2008 |
23.8 |
1.1 |
3.8 |
21.1 |
2009 |
21.1 |
2.0 |
2.1 |
21.0 |
2010 |
21.0 |
2.4 |
2.3 |
21.1 |
2011 |
21.1 |
1.8 |
1.7 |
21.2 |
|
(1) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid. Includes loss adjustment expenses.
(2) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: ISO, a Verisk Analytics Company.
ESTIMATED ASBESTOS LOSSES, 2004-2013 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2004 |
$22.4 |
$3.6 |
$2.9 |
$24.0 |
2005 |
24.0 |
3.8 |
2.4 |
26.6 |
2006 |
25.2 |
1.7 |
2.6 |
24.1 |
2007 |
23.2 |
2.5 |
2.5 |
23.5 |
2008 |
23.5 |
1.1 |
3.7 |
20.5 |
2009 |
20.6 |
1.9 |
2.0 |
20.4 |
2010 |
20.5 |
2.4 |
2.3 |
20.6 |
2011 |
20.6 |
1.8 |
1.8 |
20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: SNL Financial LC.
ESTIMATED ASBESTOS LOSSES, 2005-2014 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2005 |
$24.0 |
$3.8 |
$2.4 |
$25.4 |
2006 |
25.2 |
1.7 |
2.6 |
24.1 |
2007 |
23.2 |
2.5 |
2.5 |
23.5 |
2008 |
23.5 |
1.1 |
3.7 |
20.5 |
2009 |
20.6 |
1.9 |
2.0 |
20.4 |
2010 |
20.5 |
2.4 |
2.3 |
20.6 |
2011 |
20.6 |
1.8 |
1.8 |
20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: SNL Financial LC.
Estimated Asbestos Losses, 2006-2015 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2006 |
$25.2 |
$1.7 |
$2.6 |
$24.1 |
2007 |
23.2 |
2.5 |
2.5 |
23.5 |
2008 |
23.5 |
1.1 |
3.7 |
20.5 |
2009 |
20.6 |
1.9 |
2.0 |
20.4 |
2010 |
20.5 |
2.4 |
2.3 |
20.6 |
2011 |
20.6 |
1.8 |
1.8 |
20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
2015 |
19.4 |
1.7 |
2.8 |
18.3 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Estimated Asbestos Losses, 2007-2016 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2007 |
$23.2 |
$2.5 |
$2.5 |
$23.5 |
2008 |
23.5 |
1.1 |
3.7 |
20.5 |
2009 |
20.6 |
1.9 |
2.0 |
20.4 |
2010 |
20.5 |
2.4 |
2.3 |
20.6 |
2011 |
20.6 |
1.8 |
1.8 |
20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
2015 |
19.4 |
1.7 |
2.8 |
18.3 |
2016 |
18.6 |
1.5 |
3.0 |
17.1 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Estimated Asbestos Losses, 2008-2017 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2008 |
$23.5 |
$1.1 |
$3.7 |
$20.5 |
2009 |
20.6 |
1.9 |
2.0 |
20.4 |
2010 |
20.5 |
2.4 |
2.3 |
20.6 |
2011 |
20.6 |
1.8 |
1.8 |
20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
2015 |
19.4 |
1.7 |
2.8 |
18.3 |
2016 |
18.6 |
1.5 |
3.0 |
17.1 |
2017 |
16.9 |
1.7 |
1.8 |
16.8 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Estimated Asbestos Losses, 2009-2018 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2009 |
$20.6 |
$1.9 |
$2.0 |
$20.4 |
2010 |
20.5 |
2.4 |
2.3 |
20.6 |
2011 |
20.6 |
1.8 |
1.8 |
20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
2015 |
19.4 |
1.7 |
2.8 |
18.3 |
2016 |
18.6 |
1.5 |
3.0 |
17.1 |
2017 |
16.9 |
1.7 |
1.8 |
16.8 |
2018 |
16.8 |
0.8 |
1.9 |
15.7 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Estimated Asbestos Losses, 2010-2019 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2010 |
$20.5 |
$2.4 |
$2.3 |
$20.6 |
2011 |
20.6 |
1.8 |
1.8 |
20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
2015 |
19.4 |
1.7 |
2.8 |
18.3 |
2016 |
18.6 |
1.5 |
3.0 |
17.1 |
2017 |
16.9 |
1.7 |
1.8 |
16.8 |
2018 |
16.8 |
0.8 |
1.9 |
15.7 |
2019 |
15.7 |
1.1 |
1.7 |
15.1 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Estimated Asbestos Losses, 2011-2020 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2011 |
$20.6 |
$1.8 |
$1.8 |
$20.6 |
2012 |
20.4 |
1.9 |
2.0 |
20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
2015 |
19.4 |
1.7 |
2.8 |
18.3 |
2016 |
18.6 |
1.5 |
3.0 |
17.1 |
2017 |
16.9 |
1.7 |
1.8 |
16.8 |
2018 |
16.8 |
0.8 |
1.9 |
15.7 |
2019 |
15.7 |
1.1 |
1.7 |
15.1 |
2020 |
15.1 |
1.4 |
1.5 |
14.9 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Estimated Asbestos Losses, 2012-2021 (1)
|
|
Losses |
|
Year |
Beginning reserve |
Incurred (2) |
Paid |
Ending reserve (3) |
2012 |
$20.4 |
$1.9 |
$2.0 |
$20.3 |
2013 |
20.4 |
2.0 |
2.1 |
20.3 |
2014 |
20.3 |
1.5 |
2.4 |
19.4 |
2015 |
19.4 |
1.7 |
2.8 |
18.3 |
2016 |
18.6 |
1.5 |
3.0 |
17.1 |
2017 |
16.9 |
1.7 |
1.8 |
16.8 |
2018 |
16.8 |
0.8 |
1.9 |
15.7 |
2019 |
15.7 |
1.1 |
1.7 |
15.1 |
2020 |
15.1 |
1.4 |
1.5 |
14.9 |
2021 |
14.7 |
1.0 |
1.5 |
14.2 |
|
(1) All amounts are net of reinsurance recoveries.
(2) Incurred losses are losses related to events that have occurred, regardless of whether or not the claims have been paid, net of reinsurance. Includes loss adjustment expenses.
(3) Because of changes in the population of insurers reporting data each year, the beginning reserve may not equal the ending reserve of the prior year.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.