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Union Assurance (COL:UAL.N0000) Unpaid Loss & Loss Reserve : රු68,262 Mil (As of Mar. 2024)


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What is Union Assurance Unpaid Loss & Loss Reserve?

Union Assurance's annual unpaid loss & loss reserve increased from Dec. 2021 (රු49,411 Mil) to Dec. 2022 (රු56,071 Mil) and increased from Dec. 2022 (රු56,071 Mil) to Dec. 2023 (රු65,833 Mil).

Union Assurance Unpaid Loss & Loss Reserve Historical Data

The historical data trend for Union Assurance'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.

Union Assurance Unpaid Loss & Loss Reserve Chart

Union Assurance 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 35,953.03 42,261.50 49,411.45 56,071.08 65,832.91

Union Assurance 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 57,691.95 60,792.75 63,967.25 65,832.91 68,262.31

Union Assurance 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.

Union Assurance (COL:UAL.N0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Union Assurance PLC (COL:UAL.N0000) » Definitions » Unpaid Loss & Loss Reserve
Comparable Companies
COL:CINS.X0000 BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG ACGL MIL:G TSX:SLF HIG OHEL:SAMPO XSWX:SLHN XTER:TLX LSE:AV. BSP:BBSE3 OCSE:TRYG XAMS:AGN EQH XAMS:NN BOM:540716
Traded in Other Exchanges
N/A
Address
No. 20, St. Michael's Road, Union Assurance Centre, Colombo, LKA, 03
Website
https://www.unionassurance.com
Union Assurance PLC is engaged in the Life insurance business. It provides Life insurance solutions for both Individual and corporate customers. The company's operating segment includes the Policyholder Fund and Shareholder Fund. It generates maximum revenue from the Policyholder Fund segment. UA maintains five separate policy holder funds according to the following product types: Participating, Non-participating, Universal life, Unit linked, and Non-unit linked.

Union Assurance (COL:UAL.N0000) Headlines

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