Attachment G - AMAIT Annual Loss Experience January 2026.pdf

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Attached to
Cyber Liability Insurance
Solicitation number
S000000527
Issued by
Arkansas

About this file

This is an Annual Loss Experience report for the State Cyber Policy Trust Fund, documenting the Arkansas Multi-Agency Insurance Trust Fund's (AMAIT) cyber liability insurance claims and financial performance across eight policy years from July 1, 2018, through June 30, 2026. The report tracks paid losses, trust fund reserves, retention amounts, earned premiums, loss ratios, and reported claims for each policy year within the fund's operational period.

The financial data reveals significant variation in loss experience across the policy years, with earned premiums ranging from $479,051 in policy year two to $2,007,850 in policy year five, while loss ratios have declined substantially from 41% in the initial year to 0% in recent years (policy years four through seven). The trust fund's retention structure has evolved over time, with the aggregate retention increasing from $250,000 (effective through 2020) to $350,000 (effective 2020-2021) and then to $2,500,000 (effective 2021 forward), reflecting changing risk management strategies. Total incurred losses across all eight policy years amount to $3,282,008 against total earned premiums of $7,862,418, demonstrating an overall 6% loss ratio. The most recent policy year (July 1, 2025–June 30, 2026) shows no paid losses or reserves, with one reported claim and $464,000 in reserved amounts, indicating the fund continues active risk management for participating Arkansas state agencies.

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STATE CYBER POLICY TRUST FUND

ANNUAL LOSS EXPERIENCE

Policy Year

Cyber Paid

Trust Fund Reserved

Retention Total

Expense

Paid

Reserve

Excess Insurance Expense

Total Earned Premium Loss Ratio

Total Incurred Reported Claims

1 07/01/2018 - 06/30/2019 250,000.00 0.00 250,000.00 0.00 174,388.77 103,567.98 0.00 277,956.75 670,800 41% 527,957 7

2 07/01/2019 - 06/30/2020 525,499.55 0.00 525,499.55 0.00 99,798.43 0.00 0.00 99,798.43 479,051 21% 625,298 16

3 07/01/2020 - 06/30/2021 250,000.00 0.00 250,000.00 0.00 82,308.50 0.00 0.00 82,308.50 633,447 13% 332,308 18

4 07/01/2021 - 06/30/2022 356,933.60 11,476.25 368,409.85 0.00 0.00 0.00 0.00 0.00 1,339,520 0% 368,410 7

5 07/01/2022 - 06/30/2023 79,109.50 30,890.50 110,000.00 0.00 0.00 0.00 0.00 0.00 2,007,850 0% 110,000 3

6 07/01/2023 - 06/30/2024 338,383.30 309,651.95 648,035.25 0.00 0.00 0.00 0.00 0.00 901,875 0% 648,035 7

7 07/01/2024 - 06/30/2025 465,443.29 204,556.71 670,000.00 0.00 0.00 0.00 0.00 0.00 901,875 0% 670,000 6

8 07/01/2025 - 06/30/2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 464,000 0% 0 1

Totals 2,265,369 556,575 2,821,945 0 356,496 103,568 0 460,064 7,862,418 6% 3,282,008 65

Arkansas Multi-Agency Insurance Trust Fund Established July 1, 2003 Effective to 8/14/2018:

Trust Fund Following Maintenance Retention: $100,000 Trust Fund Aggregate Retention: $250,000

Effective 7/1/2020:

Trust Fund Following Maintenance Retention - $100,000 Trust Fund Aggregate Retention: $350,000

Effective 7/1/2021:

Trust Fund Following Maintenance Retention - $0 Trust Fund Aggregate Retention: $2,500,000

Tuesday, Jan 6, 2026 Page 1 of 1

Attachment G

File details come from the government source that posted it. Updated .