Products & Services · Claim reserves
Long Term Care Insurance — Claim reserves
General Electric Long Term Care Insurance — Claim reserves decreased by 1.1% to $4.60B in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $4.55B to $4.60B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
Rolls up toReserve for insurance claims
How to read this metric
An increase suggests higher expected future claim payouts or a more conservative reserving approach, while a decrease may indicate improved claim experience or reserve releases.
Detailed definition
Represents the estimated liability for insurance claims that have been reported but not yet paid, or incurred but not ye...
Peer comparison
Standard across insurance companies; peers typically report this as 'Loss and Loss Adjustment Expense Reserves'.
Metric ID:
ge_segment_long_term_care_claim_reservesHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $4.37B | $4.45B | $4.55B | $4.53B | $4.62B | $4.65B | $4.60B |
| QoQ Change | — | +1.8% | +2.3% | -0.4% | +2.1% | +0.6% | -1.1% |
| YoY Change | — | — | — | — | +5.8% | +4.6% | +1.1% |
Range$4.37B – $4.65B
CAGR+3.5%
Avg YoY Growth+3.8%
Median YoY Growth+4.6%
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Frequently Asked Questions
- What is General Electric's long term care insurance — claim reserves?
- General Electric (GE) reported long term care insurance — claim reserves of $4.60B in Q4 2022.
- How has General Electric's long term care insurance — claim reserves changed year-over-year?
- General Electric's long term care insurance — claim reserves increased by 1.1% year-over-year, from $4.55B to $4.60B.
- What does long term care insurance — claim reserves mean?
- The total amount of money set aside to pay for insurance claims that have occurred but are not yet settled.