American Overseas Group (American Overseas Group) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of Dec. 2016)

View and export this data going back to 2006. Start your Free Trial

What is American Overseas 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.

American Overseas Group's Net Reserve Development From Prior Years (USD Mil) for the annual that ended in Dec. 2016 was 11.21

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

AOREF'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.

American Overseas Group Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for American Overseas 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.

* Premium members only.

American Overseas Group Net Reserve Development From Prior Years (USD Mil) Chart

American Overseas Group Annual Data

Trend

Dec16

Net Reserve Development From Prior Years (USD Mil)

Get a 7-Day Free Trial

American Overseas GroupQuarterly Data

Trend

Dec16

Net Reserve Development From Prior Years (USD Mil)

Get a 7-Day Free Trial

American Overseas Group (OTCPK:AOREF) 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.

American Overseas Group Net Reserve Development From Prior Years (USD Mil) Related Terms

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

American Overseas Group (American Overseas Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Overseas Group Ltd (OTCPK:AOREF) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cumberland House 6th Floor 1 Victoria Street, Hamilton, BMU, HM 11

Website

https://www.aoreltd.com

American Overseas Group Ltd is a Barbados-based insurance and reinsurance group with tax residency in the United Kingdom. The company's core business has transitioned from financial guaranty reinsurance, mostly of public finance and structured finance debt obligations, to writing nonstandard auto insurance through its Texas-based subsidiary.

Executives

Edward U Gilpin	officer: Chief Financial Officer	134 HOMMELVILLE ROAD, SAUGERTIES NY 12477
Bradley M Shuster	director	2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Joseph M Donovan	director	2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
David L Boyle	director	C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Allan S Bufferd	director
Cummings Robert F Jr	10 percent owner	C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Joseph H Wender	10 percent owner	2855 GAZELLE COURT, CARLSBAD CA 92010
Robert Hamwee	10 percent owner	C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Eckert Alfred C Iii	10 percent owner	12 EAST 49TH STREET SUITE 3200 NEW YORK NY 10017
Richard M Hayden	10 percent owner
Transatlantic Holdings Inc	10 percent owner	80 PINE STREET NEW YORK NY 10005
Kyle Waldhauer	10 percent owner	30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Thomas V Inglesby	10 percent owner	535 MADISON AVENUE, NEW YORK NY 10022