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Fairfax Financial Holdings (Fairfax Financial Holdings) Expense Ratio % : 0.00% (As of . 20)


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What is Fairfax Financial Holdings 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.

Fairfax Financial Holdings's Expense Ratio % for the annual that ended in Dec. 2023 was 30.00% , which is higher than 29.50% for the pervious year ended in Dec. 2022.

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

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

Fairfax Financial Holdings Expense Ratio % Historical Data

The historical data trend for Fairfax Financial Holdings'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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Fairfax Financial Holdings Expense Ratio % Chart

Fairfax Financial Holdings 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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Competitive Comparison of Fairfax Financial Holdings's Expense Ratio %

For the Insurance - Property & Casualty subindustry, Fairfax Financial Holdings'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.


Fairfax Financial Holdings  (OTCPK:FRFHF) 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.


Fairfax Financial Holdings  (OTCPK:FRFHF) 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.


Fairfax Financial Holdings Expense Ratio % Related Terms

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Fairfax Financial Holdings (Fairfax Financial Holdings) Business Description

Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.