Products & Services · Balance at December 31, 2020, net of reinsurance
Other — Balance at December 31, 2020, net of reinsurance
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
Rolls up toReserve for insurance claims
How to read this metric
A higher balance indicates a larger historical commitment to policyholders, while a lower balance suggests a smaller legacy footprint or significant risk transfer.
Detailed definition
This represents the baseline actuarial liability for long-duration insurance contracts as of a specific historical refer...
Peer comparison
Similar to legacy reserve balances reported by other large-scale health and life insurers under GAAP accounting standards.
Metric ID:
cvs_segment_other_balance_at_december_31_2020_net_of_reinsuranceSimilar Metrics at Other Companies
Frequently Asked Questions
- What does other — balance at december 31, 2020, net of reinsurance mean?
- The starting balance of insurance policy liabilities as of a fixed historical date, after accounting for reinsurance.