FG Financial Group (FRA:LU5) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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What is FG Financial Group Net Reserve Development From Prior Years (USD Mil)?

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded.

The historical rank and industry rank for FG Financial Group's Net Reserve Development From Prior Years (USD Mil) or its related term are showing as below:

FRA:LU5's Net Reserve Development From Prior Years (USD Mil) is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Net Reserve Development From Prior Years (USD Mil) only.

FG Financial Group Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for FG Financial Group's Net Reserve Development From Prior Years (USD Mil) 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.

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FG Financial Group Net Reserve Development From Prior Years (USD Mil) Chart

FG Financial Group (FRA:LU5) Net Reserve Development From Prior Years (USD Mil) Explanation

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded. Prior years’ loss reserve development is useful to the company's management team, as it allows them to assess the impact of incurred claims from previous calendar years on current period earnings.

Generally, lower Prior Years’ Reserve Development is better because it means a higher accuracy on predicting the loss on incurred claims.

FG Financial Group Net Reserve Development From Prior Years (USD Mil) Related Terms

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FG Financial Group (FRA:LU5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » FG Financial Group Inc (FRA:LU5) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

FGFPP.PFD:USA FGF:USA

Address

104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143

Website

https://www.fgfinancial.com

FG Financial Group Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.

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