EMC Insurance Group (EMC Insurance Group) Expense Ratio % : 35.60% (As of Jun. 2019)

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What is EMC Insurance 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.

EMC Insurance Group's Expense Ratio % for the quarter that ended in Jun. 2019 was 35.60% , which is higher than 33.10% for the pervious quarter ended in Mar. 2019.

EMC Insurance Group's Expense Ratio % for the annual that ended in Dec. 2018 was 33.10% , which is higher than 31.80% for the pervious year ended in Dec. 2017.

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

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

EMC Insurance Group Expense Ratio % Historical Data

The historical data trend for EMC Insurance 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.

* Premium members only.

EMC Insurance Group Expense Ratio % Chart

EMC Insurance Group Annual Data

Trend

Dec16

Dec17

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Expense Ratio %

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Combined Ratio %

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Claims Ratio %

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EMC Insurance GroupQuarterly Data

Trend

Jun16

Sep16

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Sep17

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Jun19

Expense Ratio %

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Combined Ratio %

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Claims Ratio %

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

Expense Ratio % is calculated as:

Expense Ratio %

Expenses of Acquiring, Underwriting and Servicing Premiums

Net Premium Earned

100%

EMC Insurance Group (NAS:EMCI) 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.

EMC Insurance Group Expense 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 » Expense Ratio %

Comparable Companies

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