I was wondering if the loss "trend from" date for a brand new book of business would be different from the standard midpoint of the period for an existing book of business. For an existing book, policies that are written prior to the start of the period are still exposed to loss during the period for which premium is being trended. This shifts the average accident date back 1/2 policy term to the midpoint of the period. So for a brand new book of business with no policies written before the start of the period being trended, the average accident date would be the midpoint + 1/2 policy term. Does this seem correct?
Loss Trend Period for New Book of Business
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