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Kingsway Financial Services (Kingsway Financial Services) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)


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What is Kingsway Financial Services 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.

Kingsway Financial Services's Net Reserve Development From Prior Years (USD Mil) for the annual that ended in Dec. 2020 was -0.15 , which higher from pervious year (Dec. 2019)'s result by -79.04%.

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

KFS's Net Reserve Development From Prior Years (USD Mil) is not ranked *
in the Vehicles & Parts industry.
Industry Median:
* Ranked among companies with meaningful Net Reserve Development From Prior Years (USD Mil) only.

Kingsway Financial Services Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Kingsway Financial Services'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.

Kingsway Financial Services Net Reserve Development From Prior Years (USD Mil) Chart

Kingsway Financial Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Net Reserve Development From Prior Years (USD Mil)
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Competitive Comparison of Kingsway Financial Services's Net Reserve Development From Prior Years (USD Mil)

For the Auto & Truck Dealerships subindustry, Kingsway Financial Services's Net Reserve Development From Prior Years (USD Mil), along with its competitors' market caps and Net Reserve Development From Prior Years (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kingsway Financial Services  (NYSE:KFS) 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.


Kingsway Financial Services Net Reserve Development From Prior Years (USD Mil) Related Terms

Thank you for viewing the detailed overview of Kingsway Financial Services's Net Reserve Development From Prior Years (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Kingsway Financial Services (Kingsway Financial Services) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 S. Riverside Plaza, Suite 1520, Chicago, IL, USA, 60606
Kingsway Financial Services Inc through subsidiaries operates in the extended warranty, asset management, and real estate industries in the United States. It operates through three segments: Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment provides after-market vehicle protection services distributed by credit unions. The firm generates maximum revenue from Extended Warranty segment in the form of Service fee and commission income.
Executives
Fitzgerald John Taylor Maloney director, officer: Executive Vice President KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Kent A Hansen officer: CFO & EVP C/O KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Charles L Frischer director 3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Oakmont Capital Inc 10 percent owner 112 ST.CLAIR AVENUE WEST, SUITE 400, ONTARIO Z4 M4V 2Y3
Gregory Paul Hannon director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Terence Michael Kavanagh director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Joseph Stilwell director, 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Paul R. Hogan officer: Secretary and General Counsel 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Porcelli Corissa B. director 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Stilwell Associates L P 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Hickey William August Jr officer: Executive VP, COO and CFO KINGSWAY FINANCIAL SERVICES, INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Douglas Levine director 2602 NW 5TH AVENUE, MIAMI FL 33127