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

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

ALLpF.CL.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.

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

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

Allstate (NYSE:ALLpF.CL.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.

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

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Allstate (Allstate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allstate Corp (NYSE:ALLpF.CL.PFD) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

ALLpI.PFD:USA ALLpH.PFD:USA ALLpB.PFD:USA ALL:USA ALS:Germany A1TT34:Brazil

Address

3100 Sanders Road, Northbrook, IL, USA, 60062

Website

https://www.allstate.com

Allstate is one of the largest U.S. property and casualty insurers in the U.S. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 10,000 company agencies.