Bulletin No. 2001–53 December 31, 2001

Rev. Proc. 2001–60, page 643. Insurance companies; loss reserves; discounting unpaid losses. The loss payment patterns and discount factors are set forth for the 2001 accident year. These factors will be used for computing discounted unpaid losses under section 846 of the Code.

Rev. Proc. 2001–61, page 653. Insurance companies; discounted estimated salvage recoverable. The salvage discount factors are set forth for the 2001 accident year. These factors will be used for computing estimated salvage recoverable under section 832 of the Code.