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Infinity Property and Casualty (Infinity Property and Casualty) Claims Ratio % : 74.70% (As of Mar. 2018)


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What is Infinity Property and Casualty Claims Ratio %?

Claims Ratio % is the percentage of claims costs incurred in relation to the premiums earned.

Infinity Property and Casualty's Claims Ratio % for the quarter that ended in Mar. 2018 was 74.70% , which is higher than 0.00% for the pervious quarter ended in Dec. 2017.

Infinity Property and Casualty's Claims Ratio % for the annual that ended in Dec. 2017 was 76.80% , which is lower than 78.80% for the pervious year ended in Dec. 2016.

The historical rank and industry rank for Infinity Property and Casualty's Claims Ratio % or its related term are showing as below:

IPCC's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

Infinity Property and Casualty Claims Ratio % Historical Data

The historical data trend for Infinity Property and Casualty's Claims Ratio % 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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Infinity Property and Casualty Claims Ratio % Chart

Infinity Property and Casualty Annual Data
Trend Dec16 Dec17
Claims Ratio %
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Expense Ratio %
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Combined Ratio %
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Infinity Property and CasualtyQuarterly Data
Trend Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Claims Ratio %
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Expense Ratio %
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Combined Ratio %
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Infinity Property and Casualty  (NAS:IPCC) Claims Ratio % Calculation

Claims Ratio % is calculated as

Claims Ratio %=Total Claims / Total Premiums Earned * 100%

* 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.


Infinity Property and Casualty  (NAS:IPCC) Claims Ratio % Explanation

Claims Ratio % the percentage of claims costs incurred in relation to the premiums earned during the period. It is the equivalent of gross profit margin for an insurance company.

It's important to note that insurance is the business of managing risks and, to do that well, the insurer needs a thorough understanding of the incurred claims ratio. If the value is higher than expected or above established norms, then further investigation is required to figure out why that is (eg: fraud). If it is lower than expected, it could indicate irrelevant products or difficulties in claiming, possibly affecting customer satisfaction.


Infinity Property and Casualty Claims Ratio % Related Terms

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Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Traded in Other Exchanges
N/A
Address
Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.
Executives
Robert H. Bateman officer: Executive VP, CFO & Treasurer ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo director
E Robert Meaney director
Angela Brock-kyle director 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman director C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes director P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph director 301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner 10 percent owner
S Craig Lindner 10 percent owner ONE EAST FOURTH STREET, CINCINNATI OH 45202

Infinity Property and Casualty (Infinity Property and Casualty) Headlines