1. Use the claim history data below to answerthe questions below. Assume all claims are paid by the end of the 3"El year following the accident year. Accident Year Cumulative Paid Through end of: w 2013 2014 2015 2012 100 400 900 1000 2013 150 200 1500 2014 250 900 2015 300 (Careful! This format is used by health actuaries, but is slightly different than the format shown in the reading material and used by casualty actuaries). a. (5 points) What was the total amount of claims payments during 2013? b. (5 points) What is the 3"'1 4"I period link ratio for the 2012 accident year? c. (5 points) What is the estimate of ultimate loss for accident year 2013? d. (25 points) Assuming these are the only paid claims (i.e., the company did not exist before 2012), use the paid development method discussed in class to determine the loss reserves at the end of 2015 by accident year and for all years combined