Quote:
Originally Posted by LGAFF
Well the numbers from the bag I am reaching in lands us a combined loss ratio of 88-89% year and year out; I truly thing the number is well over 5K
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Does that
only take into account of reported insurance losses/ frequencies based on this model over 20 years? I'd have to think that 16-22 year old cars have been just plain used up, but not necessarily crashed or written off.
I would guess 4000-4500 cars remain based on Lee's estimated loss ratio.