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Given the following activity on five annual personal automobile policies as of June 30, 2009: Policy Effective Date Original Expiration Date Mid-term Cancellation Date 1

Given the following activity on five annual personal automobile policies as of June 30, 2009:

Policy

Effective Date

Original Expiration

Date Mid-term Cancellation Date

1

July 1, 2007

June 30, 2008

N/A

2

October 1, 2007

September 30, 2008

March 31, 2008

3

January 1, 2008

December 31, 2008

N/A

4

March 1, 2008

February 28, 2009

June 30, 2008

5

July 1, 2008

June 30, 2009

N/A

The exposure base is earned car years.

Calculate the in-force exposure as of April 1, 2008.

3

1.83

1.5

2.583

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