GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MBIA Inc (STU:MBJ) » Definitions » Net Reserve Development From Prior Years (USD Mil)

MBIA (STU:MBJ) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2008. Start your Free Trial

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

STU:MBJ'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.

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

The historical data trend for MBIA'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.

MBIA Net Reserve Development From Prior Years (USD Mil) Chart



MBIA  (STU:MBJ) 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.


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

Thank you for viewing the detailed overview of MBIA's Net Reserve Development From Prior Years (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


MBIA (STU:MBJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MBIA Inc (STU:MBJ) » Definitions » Net Reserve Development From Prior Years (USD Mil)
Traded in Other Exchanges
Address
1 Manhattanville Road, Suite 301, Purchase, NY, USA, 10577
MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. It operates in three segments: the United States public finance insurance, corporate, and international & structured finance insurance. U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiary.