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Donegal Group (Donegal Group) Expense Ratio % : 34.10% (As of Dec. 2023)


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What is Donegal Group Expense Ratio %?

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It indicates the efficiency of the insurance company before considering its claims and investment gains or losses.

Donegal Group's Expense Ratio % for the quarter that ended in Dec. 2023 was 34.10% , which is the same as 34.10% for the pervious quarter ended in Sep. 2023.

Donegal Group's Expense Ratio % for the annual that ended in Dec. 2023 was 34.70% , which is higher than 34.10% for the pervious year ended in Dec. 2022.

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

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

Donegal Group Expense Ratio % Historical Data

The historical data trend for Donegal Group's Expense 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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Donegal Group Expense Ratio % Chart

Donegal Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Expense Ratio %
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Combined Ratio %
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Claims Ratio %
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Donegal GroupQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Expense Ratio %
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Combined Ratio %
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Claims Ratio %
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Competitive Comparison of Donegal Group's Expense Ratio %

For the Insurance - Property & Casualty subindustry, Donegal Group's Expense Ratio %, along with its competitors' market caps and Expense Ratio % 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.


Donegal Group  (NAS:DGICB) Expense Ratio % Calculation

Expense Ratio % is calculated as:

Expense Ratio %=Expenses of Acquiring, Underwriting and Servicing Premiums / Net Premium 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.


Donegal Group  (NAS:DGICB) Expense Ratio % Explanation

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It can be used to make comparisons between insurance companies as well as measure their performance. An expense ratio below 100% suggests that the premiums an insurance company earned or wrote are more than the expenses it paid to support those premiums.

However, we should keep in mind that the ratio does not indicate an ending profitability. The overall profit is also influenced by the claims, investment gains or losses and other income. The ratio can be combined with Claims Ratio % and Combined Ratio % to get an overall performance of an insurance company.


Donegal Group Expense Ratio % Related Terms

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Donegal Group (Donegal Group) Business Description

Traded in Other Exchanges
Address
1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302
Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.

Donegal Group (Donegal Group) Headlines

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