Discontinued — last reported Q4 '17
Business Segments · Liability For Claims And Claims Adjustment Expense
Reinsurance — Liability For Claims And Claims Adjustment Expense
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2017Feb 23, 2018
Rolls up toReserve for insurance claims
How to read this metric
An increase reflects growth in the reinsurance book or higher expected loss costs, while a decrease may signal shrinking exposure or favorable settlement trends.
Detailed definition
This metric represents the total estimated liability for unpaid claims and the associated costs to settle those claims w...
Peer comparison
Standard liability disclosure found on the balance sheets of all insurance and reinsurance entities under GAAP or IFRS accounting standards.
Metric ID:
wrb_segment_reinsurance_liability_for_claims_and_claims_adjustment_expenseSimilar Metrics at Other Companies
Frequently Asked Questions
- What does reinsurance — liability for claims and claims adjustment expense mean?
- The total amount of money the reinsurance segment expects to pay out for claims that have already occurred but are not yet fully settled.