A larger discount reflects higher interest rate assumptions or longer claim settlement durations, impacting the net liability reported.
The adjustment applied to the nominal value of long-term claim liabilities to reflect the time value of money, effective...
Used by insurers that discount specific long-tail liabilities; comparable to actuarial discounting practices in life and specialty insurance.
wrb_segment_auto_short_duration_insurance_contract_discounted_liability_discount| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 0% | 0% | 0% | 0% | 0% |