Discontinued — last reported Q2 '24
Products & Services · Prior years
Marine and aviation — Prior years
Arch Capital Group Marine and aviation — Prior years increased by 50.0% to $3.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 142.9%, from -$7.00M to $3.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ3 2017
Last reportedQ2 2024
How to read this metric
Negative values (favorable development) indicate that previous reserves were conservative, while positive values indicate reserve strengthening.
Detailed definition
Reflects the impact of changes in loss estimates for claims occurring in previous underwriting years within the marine a...
Peer comparison
Standard metric for assessing reserve development in property and casualty insurance.
Metric ID:
acgl_segment_marine_and_aviation_prior_yearsHistorical Data
11 periods
| Q2 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$4.00M | -$10.70M | -$4.20M | -$7.90M | -$5.20M | -$2.00M | -$7.00M | $4.00M | -$4.00M | $2.00M | $3.00M |
| QoQ Change | — | -167.5% | +60.7% | -88.1% | +34.2% | +61.5% | -250.0% | +157.1% | -200.0% | +150.0% | +50.0% |
| YoY Change | — | — | -5.0% | — | — | +81.3% | -66.7% | +150.6% | +23.1% | +200.0% | +142.9% |
Range-$10.70M – $4.00M
CAGR-10.9%
Avg YoY Growth+75.2%
Median YoY Growth+81.3%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Arch Capital Group's marine and aviation — prior years?
- Arch Capital Group (ACGL) reported marine and aviation — prior years of $3.00M in Q2 2024.
- How has Arch Capital Group's marine and aviation — prior years changed year-over-year?
- Arch Capital Group's marine and aviation — prior years increased by 142.9% year-over-year, from -$7.00M to $3.00M.
- What does marine and aviation — prior years mean?
- The adjustment to profits caused by changes in estimated costs for claims from previous years in the marine and aviation segment.