Discontinued — last reported Q4 '22
Business Segments · Prior years
Other Operations — Prior years
Year-over-year, this metric declined by 100.0%, from $228.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2022
How to read this metric
Favorable development (a decrease) suggests previous reserves were conservative; unfavorable development (an increase) suggests under-reserving.
Detailed definition
This metric tracks the development of claims from previous years, reflecting the difference between initial estimates an...
Peer comparison
Standard metric for assessing reserve adequacy in insurance.
Metric ID:
ci_segment_other_operations_prior_yearsHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | -$4.00M | $3.00M | $228.00M | $135.00M | $52.00M | $0.00 | $0.00 |
| QoQ Change | — | +175.0% | >999% | -40.8% | -61.5% | -100.0% | — |
| YoY Change | — | — | — | — | >999% | -100.0% | -100.0% |
Range-$4.00M – $228.00M
CAGR-100.0%
Avg YoY Growth+400.0%
Median YoY Growth-100.0%
Current Streak4 quarters decline
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Frequently Asked Questions
- What is Cigna's other operations — prior years?
- Cigna (CI) reported other operations — prior years of $0.00 in Q4 2022.
- How has Cigna's other operations — prior years changed year-over-year?
- Cigna's other operations — prior years decreased by 100.0% year-over-year, from $228.00M to $0.00.
- What does other operations — prior years mean?
- Adjustments to the estimated costs of insurance claims that occurred in previous years.