{
  "type": "ZkVmReceipt",
  "system": "risc0",
  "receiptFormat": "groth16-bn254",
  "imageId": "sha256:a1a0bc89b5b1febaeda3519f6dbade0fa5ac16beeb143c4e1b01689573567bc6",
  "seal": "Gb6gAKeW8WpwszYpZS3tqq7mYar8+c7XqlzxJK1THmcj80uElhfcV095hqnazFERb6zaX+Y4rkjNeqz09STx+wqUpkej+azBHefXZfsxqnr+1+sFEhpDjg1rzZ1RHbElGE4IKvYD62QDAkCu+mkXry2v9SdiG9P1uOayuWUOVu0N0iV948BwbtaK+XsLgYKbEWjT+w63PjozXYDqdf+c9SyW456T98xtNXXxT12wDR4qcusYSB69WL5byC/HyyFpHMRLnIfq8LYsR1AXAssVw+HSNku9fS6/jjTOoyboXUYcX/JtK0YWz46AzriBSRPMqXBk/hdLM40mQyCrrAVHIg==",
  "journal": {
    "chaingraph_version": "0.4.0",
    "kernel_digest": "sha256:d206ed051fd45134f40a3c4a1c1d7ff696243aa84d005225fe8c3d4e9084dca4",
    "output": {
      "complement_loss_cost": 120,
      "credibility_weighted_loss_cost": 120,
      "credibility_z": 1,
      "current_rate": null,
      "denominator_valid": true,
      "fixed_expense_pct": 0.08,
      "indicated_rate": 184.62,
      "issues": [],
      "lae_pct": 0.12,
      "lcm": 1.5385,
      "lcm_denominator": 0.65,
      "not_legal_advice": "Not legal or actuarial advice. Rate filings require certification by a qualified actuary and approval by the applicable state insurance department.",
      "pii_note": "ZERO PII: aggregate rate components only. No policyholder, premium, or personal data enters this kernel.",
      "profit_pct": 0.05,
      "proprietary_data_notice": "USER-SUPPLIED LOSS COSTS ONLY. This kernel performs LCM decomposition arithmetic exclusively. It does not embed, store, or redistribute ISO/Verisk advisory loss costs or any proprietary rate-bureau filing. Ensure your pure_loss_cost input is approved and non-proprietary.",
      "pure_loss_cost": 120,
      "pure_loss_cost_loaded": 184.62,
      "rate_change_direction": null,
      "rate_change_pct": null,
      "regulatory_basis": "ASOP 25 (Premium Calculations); state rate filing regulations (SERFF). LCM formula: rate = loss_cost × LCM; LCM = 1 / (1 - LAE% - fixed_exp% - variable_exp% - profit%). Rate adequacy review required by qualified actuary.",
      "table_source": "Actuarial Standard of Practice No. 25 (Premium Calculations); Willis Towers Watson Rate Adequacy methodology; user-supplied loss costs only — no ISO/Verisk advisory rates embedded.",
      "table_version": "LCM-DECOMPOSITION-MATH-V1.0-2025",
      "total_loading": 0.35,
      "variable_exp_pct": 0.1
    }
  }
}