Rating Factors View

Overview

The Rating Factors View report provides deep actuarial analysis of rate filing components, examining key rating elements that drive rate changes across the industry.

Available Filters

Configure your report using the following filters:

Carrier - Select specific insurance companies to analyze their actuarial approaches

Line of Business - Choose from the desired line of business for your report

State - Select specific states to understand regional actuarial patterns

Date Range - Use calendar selectors to set start and end dates for your analysis period

Note: Filter combinations can be saved and reused across all report types for consistent analysis.

Visual Analytics

The Rating Factors View includes comprehensive charts analyzing actuarial components:

Top 25 Rating Factors Ranked by Total Filings

• Helps identify which factors or companies have the most filing activity

Top 25 Rating Factors Ranked by Average Days to Approval

• Provides insights into regulatory approval trends for rating factors

Top 25 Rating Factors Ranked by Program Size

• Helps quantify the financial impact of rating factor changes

Top 25 Rating Factors Ranked by Average Written Premium Change

• Tracks how premium levels are changing across the market due to rating factor adjustments

Use Cases

• Actuarial Benchmarking: Compare your rating factor approaches to industry practices

• Rate Adequacy Analysis: Validate your own actuarial assumptions against market data

• Competitive Intelligence: Understand how competitors structure their rating factors

• Regulatory Support: Use industry filing patterns to support your own rate submissions

• Premium Strategy: Assess the financial impact of potential rating factor changes

• Market Analysis: Track how rating factor changes are affecting overall market premium levels

Rating Factors View