GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Equity Investment Life Holding Co (FRA:AM5) » Definitions » Net Reserve Development From Prior Years (USD Mil)

American Equity Investment Life Holding Co (FRA:AM5) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2013. Start your Free Trial

What is American Equity Investment Life Holding Co 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 American Equity Investment Life Holding Co's Net Reserve Development From Prior Years (USD Mil) or its related term are showing as below:

FRA:AM5'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 Equity Investment Life Holding Co Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for American Equity Investment Life Holding Co'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 Equity Investment Life Holding Co Net Reserve Development From Prior Years (USD Mil) Chart



American Equity Investment Life Holding Co  (FRA:AM5) 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 Equity Investment Life Holding Co Net Reserve Development From Prior Years (USD Mil) Related Terms

Thank you for viewing the detailed overview of American Equity Investment Life Holding Co'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 Equity Investment Life Holding Co (FRA:AM5) Business Description

Industry
Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.

American Equity Investment Life Holding Co (FRA:AM5) Headlines

No Headlines