EMC Insurance Group (EMC Insurance Group) Combined Ratio % : 108.50% (As of Jun. 2019)

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What is EMC Insurance Group Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

EMC Insurance Group's Combined Ratio % for the quarter that ended in Jun. 2019 was 108.50% , which is higher than 95.80% for the pervious quarter ended in Mar. 2019.

EMC Insurance Group's Combined Ratio % for the annual that ended in Dec. 2018 was 104.00% , which is higher than 101.30% for the pervious year ended in Dec. 2017.

The historical rank and industry rank for EMC Insurance Group's Combined Ratio % or its related term are showing as below:

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

EMC Insurance Group Combined Ratio % Historical Data

The historical data trend for EMC Insurance Group's Combined 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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EMC Insurance Group Combined Ratio % Chart

EMC Insurance Group Annual Data

Trend

Dec16

Dec17

Dec18

Combined Ratio %

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Expense Ratio %

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Claims Ratio %

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EMC Insurance GroupQuarterly Data

Trend

Jun16

Sep16

Dec16

Mar17

Jun17

Sep17

Dec17

Mar18

Jun18

Sep18

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Jun19

Combined Ratio %

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Expense Ratio %

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Claims Ratio %

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EMC Insurance Group (NAS:EMCI) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %

( Incurred Losses

Expenses )

Earned Premium

100%

EMC Insurance Group (NAS:EMCI) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.

EMC Insurance Group Combined Ratio % Related Terms

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EMC Insurance Group (EMC Insurance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » EMC Insurance Group Inc (NAS:EMCI) » Definitions » Combined Ratio %

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Traded in Other Exchanges

N/A

Address

717 Mulberry Street, Des Moines, IA, USA, 50309

Website

http://www.emcins.com

EMC Insurance Group Inc is a United States based insurance provider that focusses on non-life insurance products. It derives significant revenues from its property and casualty insurance products, which it sells through its subsidiaries company. Its secondary source of revenue is its reinsurance segment. The group manages its reinsurance business through its subsidiary, EMC Reinsurance company, which sells commercial lines of property and casualty insurance products to small and medium-sized businesses.

Executives