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Infinity Property and Casualty (Infinity Property and Casualty) Net Reserve Development From Prior Years (USD Mil) : 8.86 (As of Mar. 2018)


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What is Infinity Property and Casualty 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.

Infinity Property and Casualty's Net Reserve Development From Prior Years (USD Mil) for the quarter that ended in Mar. 2018 was 8.86 , which higher from pervious quarter (Dec. 2017)'s result by 581.23%.

Infinity Property and Casualty's Net Reserve Development From Prior Years (USD Mil) for the annual that ended in Dec. 2017 was 18.49 , which lower from pervious year (Dec. 2016)'s result by 22.94%.

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

IPCC'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.

Infinity Property and Casualty Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Infinity Property and Casualty'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.

* Premium members only.

Infinity Property and Casualty Net Reserve Development From Prior Years (USD Mil) Chart

Infinity Property and Casualty Annual Data
Trend Dec16 Dec17
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Infinity Property and CasualtyQuarterly Data
Trend Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Infinity Property and Casualty  (NAS:IPCC) 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.

Infinity Property and Casualty Net Reserve Development From Prior Years (USD Mil) Related Terms

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Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Infinity Property and Casualty Corp (NAS:IPCC) » Definitions » Net Reserve Development From Prior Years (USD Mil)
Comparable Companies
SAFT XKLS:8621 LSE:HSTG XKRX:000060 STFC HMN Q PLMR PRA UFCS BKK:BKI NAVG STC KNSL UVE ARGO SG TSX:ELF NMIH NGHC
Traded in Other Exchanges
N/A
Address
Website
http://www.infinityauto.com
Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.
Executives
Robert H. Bateman officer: Executive VP, CFO & Treasurer ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo director
E Robert Meaney director
Angela Brock-kyle director 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman director C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes director P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph director 301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner 10 percent owner
S Craig Lindner 10 percent owner ONE EAST FOURTH STREET, CINCINNATI OH 45202

Infinity Property and Casualty (Infinity Property and Casualty) Headlines

From GuruFocus

Infinity Property and Casualty Corp. Reports Operating Results (10-K)

By gurufocus 10qk • 02-25-2011

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Infinity Property And Casualty Corporation Declares Quarterly Dividend

By PRNewswire PRNewswire • 04-27-2018

Infinity Property and Casualty Corp. (IPCC) Executive VP, CFO & Treasurer Roger Smith sells 6,005 Shares

By GuruFocus Research GuruFocus Editor • 12-17-2010

Preferred Bank Set to Join S&P SmallCap 600

By PRNewswire PRNewswire • 06-30-2018

Infinity Property and Casualty Corp. Reports Operating Results (10-Q)

By gurufocus 10qk • 11-05-2010