Axis Capital Holdings (Axis Capital Holdings) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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What is Axis Capital Holdings 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 Axis Capital Holdings's Net Reserve Development From Prior Years (USD Mil) or its related term are showing as below:

AXPHF.PFD'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.

Axis Capital Holdings Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Axis Capital Holdings'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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Axis Capital Holdings Net Reserve Development From Prior Years (USD Mil) Chart

Axis Capital Holdings (OTCPK:AXPHF.PFD) 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.

Axis Capital Holdings Net Reserve Development From Prior Years (USD Mil) Related Terms

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Axis Capital Holdings (Axis Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Axis Capital Holdings Ltd (OTCPK:AXPHF.PFD) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

AXSpE.PFD:USA AXS:USA AXV:Germany

Address

92 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.axiscapital.com

Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.