What is Arch Capital Group's other product lines — prior years?

Arch Capital Group (ACGL) reported other product lines — prior years of -$6.70M in Q3 2021.

What does other product lines — prior years mean?

The change in estimated costs for claims that occurred in previous years within the 'Other' product lines segment.

Discontinued — last reported Q3 '21

Products & Services · Prior years

Other product lines — Prior years

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ2 2018

Last reportedQ3 2021

How to read this metric

An increase indicates favorable reserve development, suggesting prior years were over-reserved, while a decrease signals adverse development requiring additional capital to cover past claims.

Detailed definition

This metric represents the net favorable or unfavorable development of loss reserves established in previous underwritin...

Peer comparison

Peers in the insurance and reinsurance industry report this as 'prior year reserve development' or 'prior accident year development' within their segment disclosures.

Metric ID: acgl_segment_other_product_lines_prior_years

Historical Data

1 periods

	Q3 '21
Value	-$6.70M

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Frequently Asked Questions

What is Arch Capital Group's other product lines — prior years?: Arch Capital Group (ACGL) reported other product lines — prior years of -$6.70M in Q3 2021.
What does other product lines — prior years mean?: The change in estimated costs for claims that occurred in previous years within the 'Other' product lines segment.