Discontinued — last reported Q2 '24

Products & Services · Prior years

Surety — Prior years

Analysis

StatementSegment
CategoryRisk
SignalHigher is better
VolatilityVolatile
First reportedQ3 2017
Last reportedQ2 2024

How to read this metric

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.

Detailed definition

This metric represents the net favorable or unfavorable development of loss and loss adjustment expense reserves establi...

Peer comparison

Comparable to 'prior year reserve development' reported by other specialty insurers and reinsurers, often analyzed alongside overall loss ratios to assess underwriting discipline.

Metric ID: acgl_segment_surety_prior_years

Historical Data

1 periods
 Q2 '24
Value-$20.00M

Frequently Asked Questions

What is Arch Capital Group's surety — prior years?
Arch Capital Group (ACGL) reported surety — prior years of -$20.00M in Q2 2024.
What does surety — prior years mean?
The change in estimated costs for insurance claims that occurred in previous years.