Chubb (LTS:0VQD) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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

LTS:0VQD'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.

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

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

Chubb (LTS:0VQD) 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.

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

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Chubb (LTS:0VQD) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CB:USA CB:Mexico C1BL34:Brazil

Address

Baerengasse 32, Zurich, CHE, CH-8001

Website

https://www.chubb.com

ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.

Chubb (LTS:0VQD) Headlines

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