Hallmark Financial Services (FRA:SSB0) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

View and export this data going back to 2019. Start your Free Trial

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

FRA:SSB0'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.

Hallmark Financial Services Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Hallmark Financial Services'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.

Hallmark Financial Services Net Reserve Development From Prior Years (USD Mil) Chart

Hallmark Financial Services (FRA:SSB0) 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.

Hallmark Financial Services Net Reserve Development From Prior Years (USD Mil) Related Terms

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

Hallmark Financial Services (FRA:SSB0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hallmark Financial Services Inc (FRA:SSB0) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

HALL:USA

Address

5420 Lyndon B. Johnson Freeway, Suite 1100, Two Lincoln Centre, Dallas, TX, USA, 75240

Website

https://www.hallmarkgrp.com

Hallmark Financial Services Inc is an insurance holding company, which is engaged in the sale of property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting, and servicing insurance products, as well as providing other insurance-related services. The company operates in segments such as Standard Commercial Segment, Specialty Commercial Segment, and Personal Segment. Geographically, it operates through the region of United States and derives a majority of its revenue from Specialty Commercial Segment, which includes Commercial Auto business unit, E&S Casualty business unit, E&S Property business unit, Professional Liability business unit, and Aerospace & Programs business unit.

Hallmark Financial Services (FRA:SSB0) Headlines

No Headlines