2 Year Combined Operating Ratio

victory1995victory1995
in MSA.Ratios

Hey @graham , on the MSA page it says to check the CCIR for the formula for the 2 year COR. I checked the CCIR and could not find that ratio listed anywhere. Would you be able to update the page with the formula, or advise if it's no longer necessary to learn for the exam? Thank you.

Comments

  • grahamgraham

    Ok, I see what you mean. I was referring to the NCOR formula in the CCIR Annual Statement Instructions. The 2-year COR is the same as the 1-year COR except you use 2 years of data instead of just 1 year.

    I've added a link in the MSA Ratios formula table so you can just click on it to get to the COR formula. I also added a parenthetical note to make it clearer. Here's a link to the table in the MSA ratios wiki page. (You can then click the link in the table in the row for 2-year COR to get to the COR formula.)

  • victory1995victory1995

    Thanks!

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