Discontinued — last reported Q4 '17
Business Segments · Liability For Claims And Claims Adjustment Expense
Insurance — Liability For Claims And Claims Adjustment Expense
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2017
Rolls up toReserve for insurance claims
How to read this metric
An increase may signal higher expected future claim costs or a conservative adjustment to reserve estimates, while a decrease may indicate improved claims experience or a reduction in the volume of outstanding risks.
Detailed definition
This metric represents the estimated total financial obligation an insurance company expects to pay for claims that have...
Peer comparison
Peers in the commercial casualty and specialty insurance space typically report this as 'Loss and Loss Adjustment Expense Reserves' or 'Unpaid Claims Liability' on their balance sheets.
Metric ID:
wrb_segment_insurance_liability_for_claims_and_claims_adjustment_expenseSimilar Metrics at Other Companies
Frequently Asked Questions
- What does insurance — liability for claims and claims adjustment expense mean?
- The total estimated amount of money the insurance company expects to pay out for all outstanding and future claims related to policies already in force.