Changes in the discount amount often reflect shifts in interest rate assumptions or the expected duration of claim settlements.
This represents the financial discount applied to the undiscounted loss reserves to reflect the time value of money, typ...
Common in lines with long-duration liabilities, though less common in short-tail physical damage lines.
hig_segment_commercial_automobile_physical_damage_amount_of_discount| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |