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

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

AIZP.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.

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

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

Assurant (NYSE:AIZP.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.

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

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Assurant Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assurant Inc (NYSE:AIZP.PFD) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

AIZ:USA 0HIN:UK A1SU34:Brazil

Address

260 Interstate North Circle SE, Atlanta, GA, USA, 30339

Website

https://www.assurant.com

Assurant Inc is a protection company that partners with the brands to safeguard and service connected devices, homes and automobiles. It operate in North America, Latin America, Europe and Asia Pacific through two operating segments: Global Lifestyle and Global Housing. Global Lifestyle: includes mobile device solutions (including extended service contracts, insurance policies and related services), extended service contracts and related services for consumer electronics and appliances, and financial services and other insurance products. Global Housing: includes lender-placed homeowners, manufactured housing and flood insurance, as well as voluntary manufactured housing, condominium and homeowners insurance. Key revenue is generated from Global Lifestyle segment.