Discontinued — last reported Q3 '21
Products & Services · Prior years
Other lines — Prior years
Analysis
StatementSegment
CategoryRisk
SignalHigher is better
VolatilityVolatile
First reportedQ3 2021
Last reportedQ3 2021
How to read this metric
A decrease in reserves (favorable development) typically signals conservative initial reserving practices and boosts current period earnings, while an increase (adverse development) signals that previous estimates were insufficient and negatively impacts current profitability.
Detailed definition
This metric represents the development of loss reserves for insurance and reinsurance business lines categorized as 'Oth...
Peer comparison
Peer insurance and reinsurance companies report similar prior-year development metrics, often categorized by specific product lines or as a consolidated 'prior-year reserve development' figure.
Metric ID:
acgl_segment_other_lines_prior_yearsHistorical Data
1 periods
| Q3 '21 | |
|---|---|
| Value | -$6.70M |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Arch Capital Group's other lines — prior years?
- Arch Capital Group (ACGL) reported other lines — prior years of -$6.70M in Q3 2021.
- What does other lines — prior years mean?
- The change in estimated costs for claims from previous years within the 'Other' business segment.