The Travelers (WBO:TRV) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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

WBO:TRV'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.

The Travelers Net Reserve Development From Prior Years (USD Mil) Historical Data

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

The Travelers (WBO:TRV) 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.

The Travelers Net Reserve Development From Prior Years (USD Mil) Related Terms

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The Travelers (WBO:TRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Travelers Companies Inc (WBO:TRV) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

TRV:USA PA9:Germany TRV:Chile TRVC34:Brazil TRV:Argentina

Address

485 Lexington Avenue, New York, NY, USA, 10017

Website

https://www.travelers.com

Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.