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Axis Capital Holdings (Axis Capital Holdings) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of Dec. 2023)


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What is Axis Capital 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.

Axis Capital Holdings's Net Reserve Development From Prior Years (USD Mil) for the quarter that ended in Dec. 2023 was 0.00

Axis Capital Holdings's Net Reserve Development From Prior Years (USD Mil) for the annual that ended in Dec. 2023 was -176.35 , which lower from pervious year (Dec. 2022)'s result by 1,178.61%.

The historical rank and industry rank for Axis Capital Holdings's Net Reserve Development From Prior Years (USD Mil) or its related term are showing as below:

AXS'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.

Axis Capital Holdings Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Axis Capital 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.

Axis Capital Holdings Net Reserve Development From Prior Years (USD Mil) Chart

Axis Capital Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Reserve Development From Prior Years (USD Mil)
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Axis Capital HoldingsQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Reserve Development From Prior Years (USD Mil)
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Competitive Comparison of Axis Capital Holdings's Net Reserve Development From Prior Years (USD Mil)

For the Insurance - Specialty subindustry, Axis Capital Holdings's Net Reserve Development From Prior Years (USD Mil), along with its competitors' market caps and Net Reserve Development From Prior Years (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axis Capital Holdings  (NYSE:AXS) 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.


Axis Capital Holdings Net Reserve Development From Prior Years (USD Mil) Related Terms

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


Axis Capital Holdings (Axis Capital Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Axis Capital Holdings Ltd (NYSE:AXS) » Definitions » Net Reserve Development From Prior Years (USD Mil)
Traded in Other Exchanges
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.
Executives
Henry B Smith director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Daniel J Draper officer: Grp Chief Underwriting Officer 52 LIME STREET, LONDON X0 EC3M 7AF
Vincent C Tizzio officer: CEO, Specialty Ins. and Re. C/O THE NAVIGATORS GROUP, INC., 6 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Axel Theis director 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029
Thomas C. Ramey director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
W Marston Becker director C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Anne Melissa Dowling director 9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921
Albert Benchimol officer: Chief Financial Officer & EVP AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE BERMUDA D0 HM 08
Michael A Butt director, officer: Chairman AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter Vogt officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10036
Lizabeth H Zlatkus director ONE HARTFORD PLAZA, HARTFORD CT 06155
Kent W Ziegler officer: Principal Acct Off, Controller 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Elanor Hardwick director C/O AXIS CAPITAL HOLDINGS LIMITED, AXIS HOUSE, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08

Axis Capital Holdings (Axis Capital Holdings) Headlines

From GuruFocus

Richard Pzena Trims Stake in Axis Capital Holdings Ltd

By GuruFocus Research 08-07-2023

AXIS Capital Declares Quarterly Dividends

By Business Wire Business Wire 05-03-2023

AXIS Names Stan Galanski to Its Board of Directors

By Business Wire 12-04-2023

AXIS Appoints Megan Watt as Chief Claims Officer

By Business Wire Business Wire 03-30-2023

BERKLEY W R CORP Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-18-2023

AXIS Capital Declares Quarterly Dividends

By Business Wire 12-07-2023

AXIS Capital Declares Quarterly Dividends

By Business Wire 09-20-2023