This is a positive signal — lower values indicate better performance for this metric.
A decrease indicates favorable development or higher-than-expected reinsurance recoveries, while an increase suggests adverse development on past claims.
This metric represents the financial impact of adjustments to prior-period loss estimates, specifically accounting for t...
Commonly reported by property and casualty insurers as 'prior year reserve development' or 'prior accident year development'.
other_prior_year_claims_and_claims_adjustment_expense_re_710053| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 |
| Segment | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|
| Other product lines | $0.00 | $0.00 | $0.00 | -$33.00M |
| U.S. Excess Casualty | $15.00M | -$27.00M | $22.00M | $33.00M |
| U.S. Property and Special Risks | $3.00M | $2.00M | $11.00M | $26.00M |
| U.S. Workers' Compensation (before discount) | -$29.00M | -$24.00M | -$14.00M | -$21.00M |
| UK/Europe Property and Special Risks | $0.00 | $0.00 | $0.00 | -$5.00M |
| U.S. Other Casualty | $33.00M | $36.00M | -$38.00M | -$2.00M |
| U.S. Personal Insurance | $0.00 | $0.00 | -$1.00M | $2.00M |
| Businesses in run-off | — | — | $0.00 | $0.00 |
| Other Operations | — | — | $0.00 | — |
| U.S. Financial Lines | -$22.00M | $13.00M | $20.00M | $0.00 |
| UK/Europe and Japan Personal Insurance | $0.00 | $0.00 | $0.00 | $0.00 |
| UK/Europe Casualty and Financial lines | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $0.00 | $0.00 | $0.00 | $0.00 |
All segment values are derived from annual filings.