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Old Republic International (FRA:ORJ) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)


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

FRA:ORJ'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.

Old Republic International Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Old Republic International'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.

Old Republic International Net Reserve Development From Prior Years (USD Mil) Chart



Old Republic International  (FRA:ORJ) 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.


Old Republic International Net Reserve Development From Prior Years (USD Mil) Related Terms

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Old Republic International (FRA:ORJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Old Republic International Corp (FRA:ORJ) » Definitions » Net Reserve Development From Prior Years (USD Mil)
Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.

Old Republic International (FRA:ORJ) Headlines

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