American International Group (American International Group) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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

AIGpA.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.

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

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

American International Group (NYSE:AIGpA.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.

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

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American International Group (American International Group) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

AIG:USA AIG:Mexico AINNd:UK AINN:Germany AIGB34:Brazil AIG:Austria AIG:Argentina

Address

1271 Avenue of the Americas, New York, NY, USA, 10020

Website

https://www.aig.com

American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.