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Fairfax Financial Holdings (TSX:FFH) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)


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

TSX:FFH'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.

Fairfax Financial Holdings Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Fairfax Financial Holdings'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.

Fairfax Financial Holdings Net Reserve Development From Prior Years (USD Mil) Chart


Fairfax Financial Holdings  (TSX:FFH) 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.

Fairfax Financial Holdings Net Reserve Development From Prior Years (USD Mil) Related Terms

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Fairfax Financial Holdings (TSX:FFH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fairfax Financial Holdings Ltd (TSX:FFH) » Definitions » Net Reserve Development From Prior Years (USD Mil)
Comparable Companies
TSX:IFC TSX:DFY PGR CB TSE:8766 TRV ALL HIG HKSE:02328 TSE:8725 HKSE:01339 WRB TSE:8630 MKL CINF ASX:QBE L ASX:SUN CNA KNSL
Traded in Other Exchanges
FXFLF.PFD:USA FRFZF.PFD:USA FRFXF.PFD:USA FRFHF:USA FRFGF.PFD:USA FRFFF.PFD:USA FAXXF.PFD:USA FAXRF.PFD:USA FFX:Germany FFH.U:Canada FFH.PR.M.PFD:Canada FFH.PR.K.PFD:Canada FFH.PR.J.PFD:Canada FFH.PR.I.PFD:Canada FFH.PR.H.PFD:Canada FFH.PR.G.PFD:Canada FFH.PR.F.PFD:Canada FFH.PR.E.PFD:Canada FFH.PR.D.PFD:Canada FFH.PR.C.PFD:Canada
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Website
https://www.fairfax.ca
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.

Fairfax Financial Holdings (TSX:FFH) Headlines

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