Greenlight Capital Re (FRA:G8L) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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

FRA:G8L'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.

Greenlight Capital Re Net Reserve Development From Prior Years (USD Mil) Historical Data

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

Greenlight Capital Re (FRA:G8L) 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.

Greenlight Capital Re Net Reserve Development From Prior Years (USD Mil) Related Terms

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Greenlight Capital Re (FRA:G8L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Greenlight Capital Re Ltd (FRA:G8L) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

GLRE:USA

Address

65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205

Website

https://www.greenlightre.com

Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.

Greenlight Capital Re (FRA:G8L) Headlines

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