Claims Severity Calculator

Calculate average claim severity and trends.

Sum of all values.
$
Number of items or instances.
Time measurement in years.
$
Time measurement in years.

Results

Current Average Severity:
Calculated average value.
-$
Prior Year Severity:
Calculated prior year severity based on your inputs.
-$
Severity Change:
Calculated severity change based on your inputs.
-%
Total Losses Change:
Sum of all calculated values.
-%
Reference: NAIC/ISO Standards.