Discontinued — last reported Q1 '25
Arch Capital Group Property and marine — Prior years increased by 46.7% to -$8.00M in Q1 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
An increase (or positive value) signals favorable reserve development and potential earnings boosts, while a decrease (or negative value) signals adverse development requiring additional capital to cover underestimated past liabilities.
This metric represents the net favorable or unfavorable development of loss reserves established in previous underwritin...
Peer insurers typically report this as 'prior year reserve development' or 'prior accident year development,' with stable companies aiming for consistent, modest reserve releases.
acgl_segment_property_and_marine_prior_years| Q3 '23 | Q3 '24 | Q1 '25 | |
|---|---|---|---|
| Value | -$16.00M | -$15.00M | -$8.00M |
| QoQ Change | — | +6.3% | +46.7% |
| YoY Change | — | +6.3% | — |