Swiss Re AG (Swiss Re AG) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

View and export this data going back to 2011. Start your Free Trial

What is Swiss Re AG 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.

Swiss Re AG's Net Reserve Development From Prior Years (USD Mil) for the annual that ended in Dec. 2022 was -675.00 , which lower from pervious year (Dec. 2021)'s result by 192.85%.

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

SSREY'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.

Swiss Re AG Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Swiss Re AG'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.

Swiss Re AG Net Reserve Development From Prior Years (USD Mil) Chart

Swiss Re AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Net Reserve Development From Prior Years (USD Mil)

Get a 7-Day Free Trial

Competitive Comparison of Swiss Re AG's Net Reserve Development From Prior Years (USD Mil)

For the Insurance - Reinsurance subindustry, Swiss Re AG's Net Reserve Development From Prior Years (USD Mil), along with its competitors' market caps and Net Reserve Development From Prior Years (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Swiss Re AG (OTCPK:SSREY) 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.

Swiss Re AG Net Reserve Development From Prior Years (USD Mil) Related Terms

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

Swiss Re AG (Swiss Re AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Re AG (OTCPK:SSREY) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

SSREF:USA SREN:Mexico SRENz:UK SR9A:Germany SREN:Switzerland

Address

Mythenquai 50/60, Zurich, CHE, 8022

Website

https://www.swissre.com

Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.

Swiss Re AG (Swiss Re AG) Headlines

From GuruFocus

Swiss Re AG Stock Shows Every Sign Of Being Fairly Valued

By GF Value GF Value • 03-29-2021

Investing Lessons - Petroplus Holdings (PPHN.SW)

By Chandan Dubey Chandan Dubey • 02-01-2012

Swiss Re to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 16 May 2019

By PRNewswire PRNewswire • 05-13-2019