Discontinued — last reported Q3 '21
Business Segments · Prior years
International Markets — Prior years
Cigna International Markets — Prior years decreased by 31.6% to $65.00M in Q3 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ3 2021
How to read this metric
Favorable development (a decrease) indicates that previous reserves were conservative, while unfavorable development (an increase) suggests previous reserves were insufficient.
Detailed definition
This metric reflects the development of claims that were incurred in previous reporting periods but are still being sett...
Peer comparison
Commonly referred to as 'Prior Year Reserve Development' in insurance financial disclosures.
Metric ID:
ci_segment_international_markets_prior_yearsHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $95.00M | $65.00M |
| QoQ Change | — | -31.6% |
Range$65.00M – $95.00M
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Frequently Asked Questions
- What is Cigna's international markets — prior years?
- Cigna (CI) reported international markets — prior years of $65.00M in Q3 2021.
- What does international markets — prior years mean?
- Adjustments to the estimated costs of insurance claims that occurred in previous years.