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PartnerRe (PartnerRe) Claims Ratio % : 66.60% (As of Jun. 2019)


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What is PartnerRe Claims Ratio %?

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

PartnerRe's Claims Ratio % for the quarter that ended in Jun. 2019 was 66.60% , which is higher than 65.50% for the pervious quarter ended in Jun. 2018.

PartnerRe's Claims Ratio % for the annual that ended in Dec. 2016 was 60.30% , which is higher than 0.00% for the pervious year ended in . 20.

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

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

PartnerRe Claims Ratio % Historical Data

The historical data trend for PartnerRe'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.

* Premium members only.

PartnerRe Claims Ratio % Chart

PartnerRe Annual Data
Trend Dec16
Claims Ratio %
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Expense Ratio %
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Combined Ratio %
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PartnerReQuarterly Data
Trend Mar17 Jun17 Sep17 Mar18 Jun18 Jun19
Claims Ratio %
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Expense Ratio %
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Combined Ratio %
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PartnerRe  (NYSE:PRE) 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.

PartnerRe  (NYSE:PRE) 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.

PartnerRe Claims Ratio % Related Terms

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PartnerRe (PartnerRe) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PartnerRe Ltd (NYSE:PRE) » Definitions » Claims Ratio %
Comparable Companies
BSP:IRBR3 HKSE:01508 XPAR:SCR BOM:540755 RNR RGA AHL XPAR:COFA RE TPRE XKRX:003690 XZIM:ZIMR.ZW TPE:2851 GLRE XLJU:POSR SAU:8200 XKLS:6459 ISX:MREI SGX:S49 KUW:KUWAITRE
Traded in Other Exchanges
PREpJ.PFD:USA
Address
90 Pitts Bay Road, Wellesley House South, Pembroke, BMU, HM 08
Website
https://www.partnerre.com
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. It operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the non-life business division.
Executives
Debra J Perry director 515 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Greg Fook-hin Seow director 33 ROCHESTER DRIVE, #33-03, SINGAPORE U0 138638
Egbert P Willam director WILHELM-VON-CAPITAINE-STR. 5, COLOGNE 2M D-50858
Emmanuel Clarke officer: CEO, PartnerRe Global BELLERIVESTRASSE 36, ZURICH V8 8034
David Outtrim officer: Chief Accounting Officer WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, 5TH FLOOR, PEMBROKE D0 HM 09
Theodore C Walker officer: President & CEO, PartnerRe NA WELLESLEY HOUSE SOUTH,, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Judith Hanratty director C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Laurie Desmet officer: EVP & COO, PartnerRe Ltd C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Remy Sautter director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
Jan H Holsboer director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
William Babcock officer: EVP & CFO, PartnerRe Ltd. C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Kevin M Twomey director 1650 PRUDENTIAL DR, STE 400, JACKSONVILLE FL 32207
David K Zwiener director, officer: President & CEO PartnerRe Ltd.
Roberto G Mendoza director C/O JP MORGAN & CO INCORPORATED, 60 WALL STREET, NEW YORK NY 10260
Montupet Jean Paul L director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08