Discontinued — last reported Q2 '24
An increase (more positive) suggests conservative initial reserving or better-than-expected claim outcomes, while a decrease (more negative) signals potential under-reserving or adverse claim development trends.
This metric represents the net favorable or unfavorable development of loss and loss adjustment expense reserves establi...
Comparable to 'prior year reserve development' reported by other specialty insurers and reinsurers, often analyzed alongside overall loss ratios to assess underwriting discipline.
acgl_segment_surety_prior_years| Q2 '24 | |
|---|---|
| Value | -$20.00M |