Essent Group (LTS:0U95) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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

LTS:0U95'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.

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

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

Essent Group (LTS:0U95) 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.

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

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Essent Group (LTS:0U95) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Essent Group Ltd (LTS:0U95) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

ESNT:USA

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://ir.essentgroup.com

Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.

Essent Group (LTS:0U95) Headlines

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