Subrogation Recovery Success Rate Percent Calculator

Audit actual resolved versus unresolved subrogation outcomes and independent recovery/cost ledger; not censored-as-failure, universal success odds or legal recovery right.

Description

Subrogation success should use resolved cases as its denominator.

Subrogation success should use resolved cases as its denominator. Unresolved cases remain censored, and recovery costs form a separate ledger.1

The returned values include Resolved subrogation success percent, Unresolved subrogation case count, Net known subrogation recovery minor. The How section below explains the calculation, input rules and interpretation.

When to use Subrogation Recovery Success Rate Percent Calculator

Use Subrogation Recovery Success Rate Percent Calculator when you need to evaluate the supplied records under the calculation and evidence rules below. No legal recovery right, future success probability or unresolved-as-failure assumption is supplied.

Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.

How to use Subrogation Recovery Success Rate Percent Calculator and understand its results

  1. Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
  2. Enter observedResolvedSubrogationCaseFlags, observedSuccessfulRecoveryFlags, observedGrossRecoveryMinor, observedCollectionCostsMinor using the field table and calculation rules, then run the tool.
  3. Read resolvedSubrogationSuccessPercent, unresolvedSubrogationCaseCount, netKnownSubrogationRecoveryMinor. The explanation below defines the units, signs, ordering and any flags or placeholder values.
  4. If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
Input fieldMeaningValue type; see rules belowRequirement
observedResolvedSubrogationCaseFlagsObserved resolved subrogation case flagslist of numberRequired
observedSuccessfulRecoveryFlagsObserved successful recovery flagslist of numberRequired
observedGrossRecoveryMinorObserved gross recovery minorlist of numberRequired
observedCollectionCostsMinorObserved collection costs minorlist of numberRequired

Enter aligned nonempty binary resolution/success flags and integer monetary lists 0–10¹² per entry. Reject success on an unresolved case and require at least one resolved case. Return resolved success percent, unresolved count and signed net known recovery.

success%=100×successfulResolved/resolved; net=sum(resolvedRecoveries)−sum(resolvedCosts)

Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.

Output fieldMeaningValue type
resolvedSubrogationSuccessPercentResolved subrogation success percentnumber
unresolvedSubrogationCaseCountUnresolved subrogation case countnumber
netKnownSubrogationRecoveryMinorNet known subrogation recovery minornumber
json
{
  "input": {
    "observedResolvedSubrogationCaseFlags": [
      1,
      1,
      0
    ],
    "observedSuccessfulRecoveryFlags": [
      1,
      0,
      0
    ],
    "observedGrossRecoveryMinor": [
      1000,
      0,
      0
    ],
    "observedCollectionCostsMinor": [
      100,
      200,
      0
    ]
  },
  "output": {
    "resolvedSubrogationSuccessPercent": 50,
    "unresolvedSubrogationCaseCount": 1,
    "netKnownSubrogationRecoveryMinor": 700
  }
}

Limitations and assumptions

No legal recovery right, future success probability or unresolved-as-failure assumption is supplied.

Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Numeric lists are limited to 10,000 entries; string lists to 128 strings of at most 128 characters each. The rules above may impose smaller limits. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.

Alternative or Complementary methods

Use Reserve Paid Outstanding Reconciliation Tool: Claim reserve closure compares incurred with paid plus outstanding. Unknown evidence must be listed separately from genuine zero discrepancies. For a complementary task, use Salvage Title Recovery Value Percent Calculator: Salvage recovery compares bids net of disposal cost with independently valued ACV. Negative net bids should remain visible.

References

  1. Subrogation Recovery Success Rate Percent Calculator — tool.io

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