How do you interpret wright national flood insurance company — case reserves?

An increase in reserves relative to premiums may signal higher expected claim severity or a more conservative reserving philosophy, while a decrease may suggest favorable claims development.

How does wright national flood insurance company — case reserves compare across companies?

Comparable to 'case outstanding' or 'reported but unpaid claims' at other property and casualty insurers.

Brown & Brown BRO Wright National Flood Insurance Company — Case Reserves

Discontinued — last reported Q4 '18

Similar metrics at other companies

RNRProperty — Case Reserves

$1.75B-12.2%

AIZShort Duration Contracts, All Other Disposed and Runoff Businesses — Case Reserves

$61.7M-24.5%

AIZLong Duration Contracts, All Other Disposed or Runoff Businesses — Case Reserves

$0—

AIZLong Duration, Non-core Operations — Case Reserves

$900K-25.0%

AIZShort Duration Contracts, Non-core Operations — Case Reserves

$30.2M-14.9%

LTR

LTRProperty Liability And Casualty Insurance — Net Case Reserves

——

Other financials

Income statement

See full

Revenue$1.9B+35.4%

Net income$426.0M+28.7%

EPS (diluted)$1.06-7.8%

Balance sheet

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Cash & equivalents$1.0B+49.9%

Total debt$8.1B+101%

Total equity$5.6B+21.1%

Total assets$29.7B+77.2%

Cash flow

See full

Operating cash flow$262.0M+23.0%

CapEx$21.0M+23.5%

Free cash flow$241.0M+23.0%

Valuation

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Market cap$20.03B-39.6%

Enterprise value$27.15B-25.9%

P/E17.5×-14.7×

P/S3.1×-3.6×

Profitability

See full

Net margin17.9%-2.9pp

FCF margin22.3%-3.7pp

Returns & leverage

See full

Return on equity17.1%+1.8pp

Debt / equity0.7×-0.2×

Current ratio1×-0.2×

Where this comes from

Reported directly by Brown & Brown in its filing.

Tagged under the XBRL concept bro:CaseReserves.

The official record: Brown & Brown’s 10-K, filed February 26, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does wright national flood insurance company — case reserves mean?: The estimated amount of money set aside to pay for claims that have been reported but not yet settled.
How do you interpret wright national flood insurance company — case reserves?: An increase in reserves relative to premiums may signal higher expected claim severity or a more conservative reserving philosophy, while a decrease may suggest favorable claims development.
How does wright national flood insurance company — case reserves compare across companies?: Comparable to 'case outstanding' or 'reported but unpaid claims' at other property and casualty insurers.