Discontinued — last reported Q3 '20
Business Segments · Prior accident years
Commercial Lines — Prior accident years
Analysis
StatementSegment
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2020
How to read this metric
Favorable development (a decrease in reserves) signals conservative initial reserving and strong underwriting, while unfavorable development signals potential under-reserving or unexpected claim severity.
Detailed definition
This metric represents the development of loss reserves established in previous reporting periods for commercial insuran...
Peer comparison
Peers in the property and casualty sector report this as reserve development, often compared to industry-standard loss development triangles.
Metric ID:
cinf_segment_commercial_lines_prior_accident_yearsSimilar Metrics at Other Companies
Frequently Asked Questions
- What does commercial lines — prior accident years mean?
- The change in estimated costs for insurance claims that occurred in previous years.