Business Segments · Reinsurance Recoverables Allowance
Corporate — Reinsurance Recoverables Allowance
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2020
Rolls up toReinsurance recoverables
How to read this metric
An increase suggests higher perceived credit risk among reinsurance partners, while a decrease indicates improved counterparty credit quality.
Detailed definition
This is the valuation allowance established against gross reinsurance recoverables to account for the risk that reinsure...
Peer comparison
Standard allowance for credit losses (ACL) on reinsurance assets across the insurance industry.
Metric ID:
hig_segment_corporate_reinsurance_recoverables_allowanceSimilar Metrics at Other Companies
Frequently Asked Questions
- What does corporate — reinsurance recoverables allowance mean?
- The estimated portion of reinsurance claims that the company expects it might not be able to collect due to counterparty credit risk.