EX-2 3 w51730ex2.txt INCURRED & PAID LOSSES FOR 1/1/01-6/30/01 1 COLUMBIA INSURANCE CORPORATION LTD. INTERIM REPORT RULE 24 FILE NO. 70-8905 EXHIBIT 2 INCURRED AND PAID LOSSES FOR THE PERIOD 1/1/01-6/30/01
PAID LEAD-IN LOSS LOSSES IN OSLR AT IBNR AT TOTAL TOTAL MOVEMENT POLICY YEAR COVERAGE RESERVES PERIOD 6/30/01 6/30/01 RESERVE INCURRED FROM 12/31/00 7/1/96-97 General Liability 1,009,387 - - 1,009,387 1,009,387 1,009,387 (0) 7/1/97-98 General Liability 3,414,864 266,621 1,060,000 2,088,243 3,148,243 3,414,864 0 7/1/98-99 General Liability 2,903,000 - 300,000 2,603,000 2,903,000 2,903,000 - 7/1/99-00 General Liability 4,000,000 29,000 1,771,000 2,229,000 4,000,000 4,029,000 29,000 7/1/00-01 General Liability 2,000,000 - 1,175,000 2,825,000 4,000,000 4,000,000 2,000,000 6/30/96-97 All Risk - - - - - - - 6/30/97-98 All Risk 650,000 650,000 - - - 650,000 - 6/30/98-99 All Risk 593,000 - 593,000 - 593,000 593,000 - 6/30/99-00 All Risk 1,200,000 0 850,000 - 850,000 850,000 (350,000) 6/30/00-01 All Risk 1,500,000 500,000 1,750,000 100,000 1,850,000 2,350,000 850,000 -------------------------------------------------------------------------------------------- 17,270,251 1,445,621 7,499,000 10,854,630 18,353,630 19,799,251 2,529,000 ============================================================================================
INCEPTION TO DATE
PAID LOSSES 7/1/96-97 General Liability 726,613 7/1/97-98 General Liability 1,837,757 7/1/98-99 General Liability - 7/1/99-00 General Liability 29,000 7/1/00-01 General Liability - 6/30/96-97 All Risk - 6/30/97-98 All Risk 1,423,776 6/30/98-99 All Risk 1,303,140 6/30/99-00 All Risk 1,320,547 6/30/00-01 All Risk 500,000 ------------ 7,140,833 =============