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3. Projected Incremental loss payments are: Accident Development Years Year 3 4 AY1 800 AY2 900 500 AY3 1500 1000 600 AY4 2500 1800

3. Projected Incremental loss payments are:AccidentYearDevelopment Years231AY1AY24800500600800AY390010001200

3. Projected Incremental loss payments are: Accident Development Years Year 3 4 AY1 800 AY2 900 500 AY3 1500 1000 600 AY4 2500 1800 1200 800 Loss reserves are discounted at i = 4%. Calculate the discounted loss reserves as 31st December CY4.

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