GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (FRA:MCG) » Definitions » Unpaid Loss & Loss Reserve

Mercury General (FRA:MCG) Unpaid Loss & Loss Reserve : €2,630 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Mercury General Unpaid Loss & Loss Reserve?

Mercury General's annual unpaid loss & loss reserve increased from Dec. 2021 (€1,970 Mil) to Dec. 2022 (€2,440 Mil) and increased from Dec. 2022 (€2,440 Mil) to Dec. 2023 (€2,554 Mil).

Mercury General Unpaid Loss & Loss Reserve Historical Data

The historical data trend for Mercury General's Unpaid Loss & Loss Reserve can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercury General Unpaid Loss & Loss Reserve Chart

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Unpaid Loss & Loss Reserve
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,729.13 1,636.85 1,970.39 2,440.16 2,554.49

Mercury General Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Unpaid Loss & Loss Reserve Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,500.84 2,510.57 2,552.18 2,554.49 2,630.48

Mercury General Unpaid Loss & Loss Reserve Calculation

The fund insurance companies set aside for the loss that has not be paid or possible losses in the future.

Mercury General (FRA:MCG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (FRA:MCG) » Definitions » Unpaid Loss & Loss Reserve
Comparable Companies
KMPR PLMR WTM STC THG SKWD HMN LMND SAFT HCI PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
MCY:USA
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Website
http://www.mercuryinsurance.com
Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman, and majority owner. Its insurance is distributed exclusively through independent agents.

Mercury General (FRA:MCG) Headlines

No Headlines