Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / ibnr-allocation-analysis-memorandum.docx
ibnr-allocation-analysis-memorandum.docx
Parties
Harkness LLP
Losses Inc
Quorum Insurance Holdings Corp
Pinnacle Atlantic Reinsurance Ltd
Velthorn Actuarial Advisors LLC
Broadreach Intermediaries Inc
Calloway LLP
In Employers Reinsurance Corp
Dates
March 12, 2026
July 1, 2022
June 30, 2023
July 1, 2021
June 30, 2022
February 14, 2026
July 1, 2019
June 30, 2020
July 1, 2024
June 30, 2025
Amounts
$22,300,000
$69,700,000
$47,400,000
$120,000,000
$6,900,000
$15,400,000
$200,000,000
$320,000,000
$189,700,000
$128,700,000
Obligations
Under this "accident-year" allocation, the $22,300,000 relates to accident-year 2021 exposures — losses arising from insured events that occurred during the period July 1, 2021 through June 30, 2022 — and must be attributed to TY 2021 regardless of when the IBNR development was recognized on QC&S's books
2(c) is a procedural reporting requirement — it specifies when the cedent must report its IBNR estimates to the reinsurer, not how the IBNR should be allocated among treaty years
2 is genuinely ambiguous and must be resolved based on other interpretive tools (contra proferentem, course of dealing, etc