WCRB 2019 ANNUAL REPORT2019 PRELIMINARY POOL RESULTS 1. Total Pool Gross Premiums Written$81,405,736 2. Net Pool Premiums After Servicing Carrier Allowance, Commissions, Charge-Offs,Transfers of Debt and Deferred Premium Credit$57,989,220 3. Total Paid Losses$51,321,086 4. Total Incurred Losses$53,620,783(Outstanding LossesUnadjusted 2019 - $167,499,621)(Outstanding LossesUnadjusted 2018 - $165,199,924)Ratios: 5. Paid/Written 63% 6. Incurred/Written65.8% 7. Paid/Net 88.5% 8. Incurred/Net92.4% FINAL REDETERMINATION OF THE POOL FUND BALANCE AS OF 12-31-18Net Assets$378,513,736 Less Unearned Premium Reserve at 12-31-18$36,772,435 Adjusted Value of Net Assets 12-31-18 $341,741,301Outstanding Losses Reported byServicing Carriers at 12-31-18$165,199,924 Actuarial Adjustment $143,723,934Target Fund Value $308,923,858Net Assets Surplus, 12-31-18$32,817,443 4 2'