MS Pool Financials


Stmt of Operations
MS Premium Call
MS Plan Q&A
MS Forms & Fees
MS Rates



Accounting Principles and Statement Format 

The Pool’s operations are accounted for on a policy year basis.  All policies with an inception date in calendar year 200X are considered policy year 200X policies and the related premiums, losses and expenses are accounted for as policy year 200X business.  A policy year’s operating results evolve over time as policies written late in the calendar year expire and work their way through the final audit process. Consequently, a policy year’s operating results are usually reported on an inception-to-date basis rather than on the basis of transactions occurring during a given time period.  Since there are some who prefer to see the transactions that have occurred during the most recent reporting period, the statements reflect both presentations and show how cumulative data has been affected by recent events.

The presentation of the Pool’s accounts generally follows the annual statement format.  Investment income is net of investment expense and reflects income earned on the cash flow of a policy year. Investment income is allocated to a policy year based on its prorata share of investable funds.

The individual member company statements reflect both quarter-to-date and inception-to-date results for the respective member company and the Pool as a whole.  The summary reflects each company's stake in the Mississippi Pool.  Though the Pool previously discounted its loss reserves, this practice has been discontinued as of Q1/2020.


Policy/Accident Year Chart

To view/print the current Policy/Accident Year Losses Paid & Case Outstanding chart,  click here: 

Policy/Accident Year Chart

Statement of Operations

To view/print the Statement of Operations, click here: 

Statement of Operations



Don't have Acrobat Reader? Download it now for free...
Download Acrobat Reader



Home ] Up ]

Copyright © 2023  Compensation Insurance Services LLC