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;.,,~~~;-. o <br />Identification: <br />I, Mark S. Allaben Vice President and Chief Actuary of the Frontier Insurance Group <br />Incorporated, am a member of the American Academy of Actuaries and meet its <br />qualification standards. I am a Fellow of [he Casualty Actuarial Society. I was appointed <br />by the Boazd of Directors of Frontier Insurance Company ("FTC" or the "Company's on <br />April 15, 1999 to render this opinion. Frontier Insurance Company is a member of the <br />Frontier Insurance Group Incorporated, <br />Scope: <br />I have examined the actuarial assumptions and methods used in determ;n+ng reserves <br />listed below as shown in the Annual Statement of the Company as prepazed for filing <br />with state regulatory officials, as of December 31, 2000. <br />A. Reserve for Unpaid Losses (Page 3, Line 1) in the amount of 5494,483,064. <br />B. Reserve for Unpaid Loss Adjustment Expenses (Page 3 Line 2) in the <br />amount of $2I0,090,804. <br />C. Reserve for Unpaid Losses -Direct and Assumed (Schedule P Part 1, Totals <br />from columns 13 and 15) in the amount of $849,585,000. <br />D. Reserve for Unpaid Loss Adjusunent Expenses -Direct and Assumed <br />(Schedule P Part 1, Totals from columns 17,19, and 21) in the amount of <br />$291,633,000. <br />E. Reserve for Death, Disability, and Retirement benefit for medical malpractice <br />claims-made policies (Schedule P Interrogatories) in the amount of <br />$1,450,000. <br />