Part III. Administrative, Procedural, and Miscellaneous
SEC. 6. EFFECTIVE DATE
Internal Revenue Bulletin — cb95-02.pdf · 2026-10-03 edition · updated 2026-10-04 · United States
This revenue procedure is effective on August 28, 1995, the date it is published in the Internal Revenue Bulletin.
Tables of Unpaid Losses Discount Factors
Section 846
- 1995 –
Interest rate: 6.99 percent
Homeowners/Farmowners
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 66.8753 66.8753 30.5145 33.1247 92.1201 AY+ 1 90.4633 23.5880 8.2490 9.5367 86.4973 AY+ 2 93.3914 2.9281 5.7969 6.6086 87.7173 AY+ 3 95.7081 2.3167 3.8058 4.2919 88.6737 AY+ 4 97.4081 1.7000 2.3134 2.5919 89.2550 AY+ 5 98.6271 1.2190 1.2143 1.3729 88.4425 AY+ 6 99.1528 0.5257 0.7553 0.8472 89.1570 AY+ 7 99.5425 0.3897 0.4051 0.4575 88.5347 AY+ 8 99.7318 0.1893 0.2376 0.2682 88.5749 AY+ 9 99.8063 0.0745 0.1771 0.1937 91.4309 AY+10 N/A 0.0745 0.1124 0.1192 94.3114 AY+11 N/A 0.0745 0.0432 0.0447 96.6782 AY+12 N/A 0.0447 0.0000 0.0000 N/A
Private Passenger Auto Liability/Medical
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 34.7617 34.7617 58.6034 65.2383 89.8297 AY+ 1 66.2963 31.5346 30.0816 33.7037 89.2531 AY+ 2 81.2140 14.9177 16.7540 18.7860 89.1837 AY+ 3 89.8272 8.6132 9.0160 10.1728 88.6286 AY+ 4 94.4549 4.6277 4.8595 5.5451 87.6363 AY+ 5 96.8788 2.4239 2.6920 3.1212 86.2493 AY+ 6 98.1526 1.2738 1.5626 1.8474 84.5846 AY+ 7 98.6962 0.5436 1.1096 1.3038 85.1024 AY+ 8 99.0485 0.3523 0.8227 0.9515 86.4661 AY+ 9 99.2667 0.2182 0.6545 0.7333 89.2589 AY+10 N/A 0.2182 0.4746 0.5151 92.1356 AY+11 N/A 0.2182 0.2821 0.2969 95.0040 AY+12 N/A 0.2182 0.0761 0.0787 96.6782 AY+13 N/A 0.0787 0.0000 0.0000 N/A
1995–2 C.B. 403
Commercial Auto/Truck Liability/Medical
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 20.8439 20.8439 68.5319 79.1561 86.5782 AY+ 1 47.3136 26.4697 45.9431 52.6864 87.2011 AY+ 2 65.6475 18.3340 30.1906 34.3525 87.8849 AY+ 3 79.0481 13.4005 18.4400 20.9519 88.0109 AY+ 4 86.8945 7.8465 11.6129 13.1055 88.6109 AY+ 5 92.4503 5.5558 6.6779 7.5497 88.4532 AY+ 6 95.5751 3.1247 3.9126 4.4249 88.4218 AY+ 7 97.3052 1.7302 2.3965 2.6948 88.9310 AY+ 8 98.1469 0.8417 1.6934 1.8531 91.3826 AY+ 9 98.8549 0.7080 1.0794 1.1451 94.2672 AY+10 N/A 0.7080 0.4226 0.4371 96.6782 AY+11 N/A 0.4371 0.0000 0.0000 N/A
Workers’ Compensation
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 22.3366 22.3366 63.7037 77.6634 82.0254 AY+ 1 50.6941 28.3575 38.8248 49.3059 78.7426 AY+ 2 66.1886 15.4945 25.5117 33.8114 75.4530 AY+ 3 74.4228 8.2342 18.7778 25.5772 73.4164 AY+ 4 79.5663 5.1434 14.7702 20.4337 72.2836 AY+ 5 83.7227 4.1564 11.5034 16.2773 70.6716 AY+ 6 86.1316 2.4089 9.8159 13.8684 70.7786 AY+ 7 88.4452 2.3136 8.1089 11.5548 70.1776 AY+ 8 88.9625 0.5173 8.1406 11.0375 73.7542 AY+ 9 89.9266 0.9641 7.7124 10.0734 76.5623 AY+10 N/A 0.9641 7.2543 9.1093 79.6363 AY+11 N/A 0.9641 6.7642 8.1453 83.0447 AY+12 N/A 0.9641 6.2398 7.1812 86.8913 AY+13 N/A 0.9641 5.6788 6.2171 91.3413 AY+14 N/A 0.9641 5.0785 5.2530 96.6782 AY+15 N/A 5.2530 0.0000 0.0000 N/A
404 1995–2 C.B.
Commercial Multiple Peril
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 33.4193 33.4193 56.3257 66.5807 84.5977 AY+ 1 59.1296 25.7103 33.6692 40.8704 82.3804 AY+ 2 67.4080 8.2784 27.4598 32.5920 84.2533 AY+ 3 75.7571 8.3491 20.7433 24.2429 85.5645 AY+ 4 83.8673 8.1102 13.8044 16.1327 85.5678 AY+ 5 89.5799 5.7126 8.8604 10.4201 85.0322 AY+ 6 93.4124 3.8325 5.5156 6.5876 83.7271 AY+ 7 95.6455 2.2331 3.5914 4.3545 82.4739 AY+ 8 96.9571 1.3116 2.4857 3.0429 81.6885 AY+ 9 97.4497 0.4926 2.1500 2.5503 84.3008 AY+10 N/A 0.4926 1.7907 2.0577 87.0232 AY+11 N/A 0.4926 1.4063 1.5651 89.8548 AY+12 N/A 0.4926 0.9951 1.0725 92.7826 AY+13 N/A 0.4926 0.5551 0.5799 95.7275 AY+14 N/A 0.4926 0.0844 0.0873 96.6782 AY+15 N/A 0.0873 0.0000 0.0000 N/A
Medical Malpractice
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 3.7026 3.7026 68.5523 96.2974 71.1881 AY+ 1 11.5535 7.8510 65.2234 88.4465 73.7433 AY+ 2 21.9296 10.3761 59.0499 78.0704 75.6368 AY+ 3 32.8555 10.9259 51.8762 67.1445 77.2605 AY+ 4 46.6164 13.7609 41.2687 53.3836 77.3058 AY+ 5 60.9092 14.2928 29.3694 39.0908 75.1313 AY+ 6 69.2349 8.3257 22.8106 30.7651 74.1443 AY+ 7 71.6574 2.4225 21.8993 28.3426 77.2663 AY+ 8 73.7610 2.1036 21.2542 26.2390 81.0022 AY+ 9 77.8395 4.0786 18.5211 22.1605 83.5775 AY+10 N/A 4.0786 15.5971 18.0819 86.2580 AY+11 N/A 4.0786 12.4686 14.0033 89.0403 AY+12 N/A 4.0786 9.1215 9.9248 91.9061 AY+13 N/A 4.0786 5.5403 5.8462 94.7684 AY+14 N/A 4.0786 1.7089 1.7676 96.6782 AY+15 N/A 1.7676 0.0000 0.0000 N/A
1995–2 C.B. 405
Special Liability (Ocean Marine, Aircraft (all Perils), Boiler and Machinery)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 31.2231 31.2231 60.8234 68.7769 88.4358 AY+ 1 68.2247 37.0016 26.8020 31.7753 84.3485 AY+ 2 80.2858 12.0611 16.1999 19.7142 82.1739 AY+ 3 85.4166 5.1308 12.0252 14.5834 82.4582 AY+ 4 89.4028 3.9862 8.7426 10.5972 82.4993 AY+ 5 93.2493 3.8465 5.3750 6.7507 79.6222 AY+ 6 94.0515 0.8022 4.9210 5.9485 82.7268 AY+ 7 95.8901 1.8386 3.3632 4.1099 81.8317 AY+ 8 97.7995 1.9093 1.6233 2.2005 73.7694 AY+ 9 97.9920 0.1925 1.5376 2.0080 76.5759 AY+10 N/A 0.1925 1.4460 1.8155 79.6478 AY+11 N/A 0.1925 1.3479 1.6230 83.0538 AY+12 N/A 0.1925 1.2430 1.4304 86.8974 AY+13 N/A 0.1925 1.1308 1.2379 91.3442 AY+14 N/A 0.1925 1.0107 1.0454 96.6782 AY+15 N/A 1.0454 0.0000 0.0000 N/A
Other Liability
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 9.9737 9.9737 67.5119 90.0263 74.9913 AY+ 1 21.8819 11.9082 59.9137 78.1181 76.6962 AY+ 2 32.5583 10.6764 53.0584 67.4417 78.6729 AY+ 3 41.4543 8.8960 47.5655 58.5457 81.2450 AY+ 4 56.3583 14.9040 35.4742 43.6417 81.2851 AY+ 5 71.6763 15.3180 22.1096 28.3237 78.0602 AY+ 6 78.0397 6.3635 17.0729 21.9603 77.7445 AY+ 7 82.2566 4.2168 13.9046 17.7434 78.3647 AY+ 8 85.2754 3.0188 11.7540 14.7246 79.8253 AY+ 9 87.4014 2.1260 10.3765 12.5986 82.3624 AY+10 N/A 2.1260 8.9029 10.4727 85.0103 AY+11 N/A 2.1260 7.3261 8.3467 87.7729 AY+12 N/A 2.1260 5.6392 6.2207 90.6521 AY+13 N/A 2.1260 3.8344 4.0948 93.6413 AY+14 N/A 2.1260 1.9034 1.9688 96.6782 AY+15 N/A 1.9688 0.0000 0.0000 N/A
Special Property (Fire, Allied Lines, Inland Marine, Earthquake, Glass, Burglary, and Theft)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 57.7817 57.7817 39.7351 42.2183 94.1183 AY+ 1 88.3390 30.5573 10.9053 11.6610 93.5200 AY+ 2 N/A 5.8305 5.6368 5.8305 96.6782 AY+ 3 N/A 5.8305 0.0000 0.0000 N/A
406 1995–2 C.B.
Auto Physical Damage
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 84.1827 84.1827 15.1871 15.8173 96.0159 AY+ 1 98.8697 14.6870 1.0571 1.1303 93.5200 AY+ 2 N/A 0.5651 0.5464 0.5651 96.6782 AY+ 3 N/A 0.5651 0.0000 0.0000 N/A
Fidelity, Surety, Financial Guaranty, Mortgage Guaranty
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 25.1728 25.1728 68.4145 74.8272 91.4300 AY+ 1 57.6281 32.4553 39.6262 42.3719 93.5200 AY+ 2 N/A 21.1859 20.4822 21.1859 96.6782 AY+ 3 N/A 21.1859 0.0000 0.0000 N/A
Other (including Credit, Accident and Health)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 63.6725 63.6725 34.0913 36.3275 93.8444 AY+ 1 88.8927 25.2202 10.3875 11.1073 93.5200 AY+ 2 N/A 5.5536 5.3691 5.5536 96.6782 AY+ 3 N/A 5.5536 0.0000 0.0000 N/A
International (Composite)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 30.8006 30.8006 58.1664 69.1994 84.0562 AY+ 1 56.9235 26.1229 35.2118 43.0765 81.7424 AY+ 2 68.6906 11.7671 25.5016 31.3094 81.4504 AY+ 3 76.7697 8.0791 18.9275 23.2303 81.4777 AY+ 4 83.5336 6.7639 13.2543 16.4664 80.4927 AY+ 5 88.9725 5.4390 8.5549 11.0275 77.5781 AY+ 6 91.6218 2.6493 6.4126 8.3782 76.5390 AY+ 7 93.4305 1.8087 4.9899 6.5695 75.9567 AY+ 8 94.3638 0.9333 4.3734 5.6362 77.5950 AY+ 9 95.0595 0.6957 3.9595 4.9405 80.1440 AY+10 N/A 0.6957 3.5167 4.2448 82.8469 AY+11 N/A 0.6957 3.0430 3.5492 85.7374 AY+12 N/A 0.6957 2.5361 2.8535 88.8767 AY+13 N/A 0.6957 1.9938 2.1578 92.3982 AY+14 N/A 0.6957 1.4136 1.4622 96.6782 AY+15 N/A 1.4622 0.0000 0.0000 N/A
1995–2 C.B. 407
Reinsurance A
Tax Year
Paid
(%)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
AY+ 0 35.8044 35.8044 58.5035 64.1956 91.1332 AY+ 1 72.2671 36.4628 24.8773 27.7329 89.7034 AY+ 2 79.1294 6.8622 19.5182 20.8706 93.5200 AY+ 3 N/A 10.4353 10.0887 10.4353 96.6782 AY+ 4 N/A 10.4353 0.0000 0.0000 N/A
Reinsurance B (Composite)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 30.8006 30.8006 58.1664 69.1994 84.0562 AY+ 1 56.9235 26.1229 35.2118 43.0765 81.7424 AY+ 2 68.6906 11.7671 25.5016 31.3094 81.4504 AY+ 3 76.7697 8.0791 18.9275 23.2303 81.4777 AY+ 4 83.5336 6.7639 13.2543 16.4664 80.4927 AY+ 5 88.9725 5.4390 8.5549 11.0275 77.5781 AY+ 6 91.6218 2.6493 6.4126 8.3782 76.5390 AY+ 7 93.4305 1.8087 4.9899 6.5695 75.9567 AY+ 8 94.3638 0.9333 4.3734 5.6362 77.5950 AY+ 9 95.0595 0.6957 3.9595 4.9405 80.1440 AY+10 N/A 0.6957 3.5167 4.2448 82.8469 AY+11 N/A 0.6957 3.0430 3.5492 85.7374 AY+12 N/A 0.6957 2.5361 2.8535 88.8767 AY+13 N/A 0.6957 1.9938 2.1578 92.3982 AY+14 N/A 0.6957 1.4136 1.4622 96.6782 AY+15 N/A 1.4622 0.0000 0.0000 N/A
Reinsurance C
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 23.0513 23.0513 68.7310 76.9487 89.3206 AY+ 1 47.1565 24.1051 48.6019 52.8435 91.9732 AY+ 2 73.1742 26.0177 25.0875 26.8258 93.5200 AY+ 3 N/A 13.4129 12.9673 13.4129 96.6782 AY+ 4 N/A 13.4129 0.0000 0.0000 N/A
408 1995–2 C.B.
Miscellaneous Casualty (Composite)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 73.9503 73.9503 24.6061 26.0497 94.4581 AY+ 1 93.7601 19.8099 5.8355 6.2399 93.5200 AY+ 2 N/A 3.1199 3.0163 3.1199 96.6782 AY+ 3 N/A 3.1199 0.0000 0.0000 N/A
Long Lines (Composite)
Unpaid Losses at Year End
(%)
Cumulative
Estimated Losses Paid
Each Year
(%)
Discounted
Unpaid Losses at Year End
(%)
Discount
(%)
Losses
Factor
Tax Year
Paid
(%)
AY+ 0 30.8006 30.8006 58.1664 69.1994 84.0562 AY+ 1 56.9235 26.1229 35.2118 43.0765 81.7424 AY+ 2 68.6906 11.7671 25.5016 31.3094 81.4504 AY+ 3 76.7697 8.0791 18.9275 23.2303 81.4777 AY+ 4 83.5336 6.7639 13.2543 16.4664 80.4927 AY+ 5 88.9725 5.4390 8.5549 11.0275 77.5781 AY+ 6 91.6218 2.6493 6.4126 8.3782 76.5390 AY+ 7 93.4305 1.8087 4.9899 6.5695 75.9567 AY+ 8 94.3638 0.9333 4.3734 5.6362 77.5950 AY+ 9 95.0595 0.6957 3.9595 4.9405 80.1440 AY+10 N/A 0.6957 3.5167 4.2448 82.8469 AY+11 N/A 0.6957 3.0430 3.5492 85.7374 AY+12 N/A 0.6957 2.5361 2.8535 88.8767 AY+13 N/A 0.6957 1.9938 2.1578 92.3982 AY+14 N/A 0.6957 1.4136 1.4622 96.6782 AY+15 N/A 1.4622 0.0000 0.0000 N/A
.01 The following tables present separately for each line of business the discount factors under § 832 for the 1995 accident year. All the discount factors presented in this section were determined using the applicable interest rate under § 846(c) for 1995, which is 6.99 percent, and by assuming all estimated salvage is recovered in the middle of each calendar year. See Rev. Proc. 91–48, 1991–2 C.B. 760, for background regarding the tables.
.02 These tables must be used by taxpayers irrespective of whether they elected to discount unpaid losses using their own historical experience under § 846.
.03 Tables.
1995–2 C.B. 409
26 CFR 601.201: Rulings and determination letters (Also Part I, Sections 832, 846; 1.832–4, 1.846–1.)
Rev. Proc. 95–41
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