LINEAR

SS

MS

Significanc
eF

1,063,656,264,921,200,0
00,000
225,196,722,960,800,000
,000
1,288,852,987,882,000,0
00,000

1,063,656,264,921,200,0
00,000
17,322,824,843,138,400,
000

61.402
01

2.80352E-06

df
Regressio
n

Residual

13

Total

14

REGRESSION
PREMIUM CONTRIBUTIONS

Regression Statistics
0.98185
Multiple R
0.96404
R Square
0.96127
Adjusted R Square
5,490,552,643.68896
Standard Error
15
Observations

Regression
Residual
Total

df
1
13
14

SS
10,504,981,873,765,000,000,000
391,900,188,330,558,000,000
10,896,882,062,095,600,000,000

Regression Statistics
Coefficients
Multiple R
0.90845
Intercept
15,269,684,571.42860
R Square
0.82527
t
6,125,176,928.57143
Adjusted R
0.81183
Square
4,162,069,778.744
Standard Error
52
Observations
15

Standard Error
2,983,336,608.12810
328,123,280.03968

MS
10,504,981,873,765,000,000,000
30,146,168,333,119,900,000

t Stat
5.11832
18.66730

P-value %
0.02%
0.00%

INVESTMENT AND OTHER INCOME

F
348.46823

Significance F
9.05065E-11

Lower 95%
8,824,577,671.55060
5,416,309,678.91794

Upper 95%
21,714,791,471.30650
6,834,044,178.22492

Column
1
Intercep
t

Coefficients

Standard Error

5,308,348,285.71
429
1,949,043,964.28
t
571
BENEFIT PAYMENT

Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

Pvalue

2,261,494,596.684
09

2.34727

3.54%

248,731,243.68008

7.83594

0.00%

Lower 95%

Upper 95%

422,686,242.278
01
1,411,692,781.55
627

10,194,010,329.15
060
2,486,395,147.015
16

0.98495
0.97013
0.96784
3,874,658,046.11055
15

Regression
Residual
Total

Intercept
t

t Stat

df
1
13
14

Coefficients
24,453,583,619.04760
4,758,300,214.28571

SS
6,339,597,860,196,010,000,000
195,168,674,665,760,000,000
6,534,766,534,861,770,000,000

Standard Error
2,105,327,085.10254
231,555,107.40495

t Stat
11.61510
20.54932

MS
6,339,597,860,196,010,000,000
15,012,974,974,289,300,000

P-value
0.00%
0.00%

F
422.27459

Lower 95%
19,905,300,972.78990
4,258,055,818.00418

Significance F
2.69769E-11

Upper 95%
29,001,866,265.30530
5,258,544,610.56725

OPERATING EXPENSES

Regression
Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

Regression
Residual
Total

Intercept
t

df
1
13
14

Column1
0.98152
0.96337
0.96056
263,041,698.73837
15
SS
23,659,003,307,662,900,000
899,482,158,577,143,000
24,558,485,466,240,000,000

Coefficients
3,942,526,285.71429
290,682,714.28571

MS
23,659,003,307,662,900,000
69,190,935,275,164,800

Standard Error
142,925,854.68830
15,719,748.18900

t Stat
27.58442
18.49156

P-value
0.00%
0.00%

F
341.93790

Significance F
1.01923E-10

Lower 95%
3,633,753,749.04752
256,722,263.01071

GROWTH CURVE MODEL

Upper 95%
4,251,298,822.38105
324,643,165.56072

PREMIUM CONTRIBUTIONS
Regression Statistics
Multiple R
R Square
Adjusted
df R Square
SS
Standard
Error
Regression
1
2.76162
Residual Observations
13
0.01426
Total
14
2.77588

Intercept
t

Coefficients
24.00150
0.09931

Coefficients
26,528,883,845.20790
1.10441

Intercept
0.99743
t
0.99486
0.99447
MS
F
Significance F
0.03311
2.76162 2518.36387
2.86036E-16
15
0.00110

Standard Error
0.01799
0.00198

INVESTMENT AND
Regression
Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

df
Regressi
on

Residual
Total

13
14

SS
2.5261
8
0.6872
3
3.2134

Intercep
t
t
0.88664
0.78614
0.76969
0.22992
15

MS
2.5261
8
0.0528
6

t Stat
1,333.91890
50.18330

P-value
0.00%
0.00%

Coefficients
8,807,191,242.62
434
1.09964

F
47.786
45

Significanc
eF
1.06457E-05

Lower 95%
23.96263
0.09504

Upper 95%
24.04037
0.10359

OTHER INCOME

1
Coefficie
nts
Intercep
t
t

Standard
Error

22.8988
0.0950

t Stat
183.293
62
6.91277

0.12493
0.01374

Pvalue
0.00%
0.00%

Lower
95%
22.62894
0.06530

Upper
95%
23.16873
0.12467

BENEFIT PAYMENT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
Intercept
t

df
Regression
Residual
Total

Intercept
t

1
13
14

Coefficients
0.99269
0.98544
0.98432
0.04402
15

31,640,985,632.45180
1.08114

SS
1.70431
0.02519
1.72949

Coefficients
24.17772
0.07802

MS
1.70431
0.00194

F
879.65197

Significance F
2.5152E-13

Standard Error
t Stat
0.02392 1010.90599
0.00263
29.65893

P-value
0.00%
0.00%

Lower 95%
24.12605
0.07234

Upper 95%
24.22939
0.08370

OPERATING EXPENSE
Regression
Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

df
Regressi
on

Residual

13

Total

14

Column
1
0.97100
0.94283
0.93843
0.05548
15

SS
0.6600
5
0.0400
2
0.7000
7

Coefficie
nts
Intercep
t
t

MS
0.660
05
0.003
08

Standard
Error

22.14784

0.03015

0.04855

0.00332

F
214.401
70

t Stat
734.635
53
14.6424
6

Significanc
eF
1.8584E-09

Pvalue

Lower
95%

Upper
95%

0.00%

22.08271

22.21297

0.00%

0.04139

0.05572

HOLTS TREND CORRECTED EXPONENTIAL SMOOTHING

Premium Contributions
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

Regression
Residual
Total

df
1
6
7

Intercept
X Variable
1

0.98015
0.96070
0.95415
2,362,395,468.62790
8
SS
818,503,746,195,438,000,000
33,485,474,101,161,900,000
851,989,220,296,600,000,000

F
146.66128

Significance F
1.92586E-05

Coefficients
22,771,094,285.71430

Standard Error
1840763719.15584

t Stat
12.37046

P-value
1.7026E-05

Lower 95%
18,266,907,726.15420

Upper 95%
27,275,280,845.27440

4,414,542,380.95238

364525534.74455

12.11038

1.9259E-05

3,522,580,529.94098

5,306,504,231.96378

INVESMENT AND OTHER INCOME

Regression
Statistics
Multiple R
R Square

MS
818,503,746,195,438,000,000
5,580,912,350,193,650,000

0.29715
0.08830

Adjusted R Square
Standard Error
Observations

Regression
Residual
Total

df
1
6
7

Intercept
X Variable
1

-0.06365
2,628,541,200.36930
8
SS
4,014,918,726,116,670,000
41,455,373,052,233,300,000
45,470,291,778,350,000,000

MS
4,014,918,726,116,670,000
6,909,228,842,038,890,000

F
0.58110

Significance F
0.47477

Coefficients
11,383,130,000.0000

Standard Error
2,048,142,802.59198

t Stat
5.55778

P-value
0.00144

Lower 95%
6,371,505,103.50041

Upper 95%
16,394,754,896.49960

309,181,666.6667

405,592,712.73036

0.76230

0.47477

(683,267,948.85129)

1,301,631,282.18463

BENEFIT PAYMENT
Regression
Statistics
Multiple R
R Square
Adjusted R
Square

0.95579
0.91353

Standard Error
Observations

2,633,969,446.49049
8

df
Regressi
on

Residual

0.89911

SS

MS

Significanc
eF

439,757,613,114,315,00
0,000
41,626,770,270,272,600,
000

439,757,613,114,315,00
0,000
6,937,795,045,045,430,0
00

63.385
79

0.00020898

Total

Intercept
X
Variable
1

481,384,383,384,588,00
0,000

Coefficients
30,514,273,928.57
140

Standard Error
2,052,372,457.893
65

t Stat
14.8678
1

P-value
5.8248E06

Lower 95%
25,492,299,438.3
8790

Upper 95%
35,536,248,418.7
5490

3,235,802,738.095
24

406,430,309.2912
8

7.96152

0.000208
98

2,241,303,597.62
589

4,230,301,878.56
459

OPERATING EXPENSES
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

Regression
Residual
Total

Intercept
X Variable
1

df
1
6
7

Column1
0.97422
0.94911
0.94062
231,020,408.70644
8
SS
5,971,687,755,716,670,000
320,222,575,433,333,000
6,291,910,331,150,000,000

MS
5,971,687,755,716,670,000
53,370,429,238,888,900

F
111.89132

Significance F
4.20074E-05

Coefficients
3,575,985,000.00000

Standard Error
180,009,652.22743

t Stat
19.86552

P-value
1.0556E-06

Lower 95%
3,135,517,248.64422

Upper 95%
4,016,452,751.35578

377,071,666.66667

35,647,222.97301

10.57787

4.20074E-05

289,846,054.31359

464,297,279.01974