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American Overseas Group (American Overseas Group) Claims Ratio % : 0.00% (As of Dec. 2016)


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What is American Overseas Group Claims Ratio %?

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

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

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

American Overseas Group Claims Ratio % Historical Data

The historical data trend for American Overseas Group'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.

American Overseas Group Claims Ratio % Chart

American Overseas Group Annual Data
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American Overseas Group  (OTCPK:AOREF) 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.

American Overseas Group  (OTCPK:AOREF) 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.

American Overseas Group Claims Ratio % Related Terms

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American Overseas Group (American Overseas Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Overseas Group Ltd (OTCPK:AOREF) » Definitions » Claims Ratio %
Comparable Companies
OXBR TSXV:TIL PHS:NRCP BAH:ARIG KAR:PAKRI BCRH MHLD BKK:THREL BKK:THRE SAU:8311 SGX:S49 ISX:MREI XZIM:ZIMR.ZW SAU:8200 XKLS:6459 XLJU:POSR TPE:2851 GLRE XKRX:003690 TPRE
Traded in Other Exchanges
N/A
Address
Cumberland House 6th Floor 1 Victoria Street, Hamilton, BMU, HM 11
Website
https://www.aoreltd.com
American Overseas Group Ltd is a Barbados-based insurance and reinsurance group with tax residency in the United Kingdom. The company's core business has transitioned from financial guaranty reinsurance, mostly of public finance and structured finance debt obligations, to writing nonstandard auto insurance through its Texas-based subsidiary.
Executives
Edward U Gilpin officer: Chief Financial Officer 134 HOMMELVILLE ROAD, SAUGERTIES NY 12477
Bradley M Shuster director 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
David L Boyle director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Allan S Bufferd director
Cummings Robert F Jr 10 percent owner C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Joseph H Wender 10 percent owner 2855 GAZELLE COURT, CARLSBAD CA 92010
Robert Hamwee 10 percent owner C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Eckert Alfred C Iii 10 percent owner 12 EAST 49TH STREET SUITE 3200 NEW YORK NY 10017
Richard M Hayden 10 percent owner
Transatlantic Holdings Inc 10 percent owner 80 PINE STREET NEW YORK NY 10005
Kyle Waldhauer 10 percent owner 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Thomas V Inglesby 10 percent owner 535 MADISON AVENUE, NEW YORK NY 10022