Discontinued — last reported Q4 '20
Products & Services · Prior years
Discontinued Lines And Coverages — Prior years
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ4 2020
How to read this metric
Negative values (favorable development) indicate that reserves were set conservatively, while positive values (adverse development) indicate that previous reserves were insufficient.
Detailed definition
This metric represents the financial impact of claim developments from policies written in previous years within the dis...
Peer comparison
Comparable to 'Prior year reserve development' reported by all major property and casualty insurers.
Metric ID:
all_segment_discontinued_lines_and_coverages_prior_yearsSimilar Metrics at Other Companies
Frequently Asked Questions
- What does discontinued lines and coverages — prior years mean?
- The financial impact of claim adjustments for policies issued in past years within the discontinued business segment.