Discontinued — last reported Q4 '21
Arch Capital Group Travel, accident and health — Prior years remained flat by 0.0% to -$4.05M in Q4 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Favorable development (a reduction in reserves) signals conservative and accurate historical reserving practices, whereas adverse development suggests underestimation of past claims liabilities.
This metric tracks the development of loss reserves established in previous reporting periods for the travel, accident,...
Comparable to prior year reserve development or loss reserve run-off metrics reported by other property and casualty insurers.
acgl_segment_travel_accident_and_health_prior_years| FY'21 | |
|---|---|
| Value | -$16.20M |