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White Mountains Insurance Group (BDA:WTM.BH) Claims Ratio % : 0.00% (As of . 20)


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What is White Mountains Insurance 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 White Mountains Insurance Group's Claims Ratio % or its related term are showing as below:

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

White Mountains Insurance Group Claims Ratio % Historical Data

The historical data trend for White Mountains Insurance 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.

White Mountains Insurance Group Claims Ratio % Chart


White Mountains Insurance Group  (BDA:WTM.BH) 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.

White Mountains Insurance Group  (BDA:WTM.BH) 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.

White Mountains Insurance Group Claims Ratio % Related Terms

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White Mountains Insurance Group (BDA:WTM.BH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » White Mountains Insurance Group Ltd (BDA:WTM.BH) » Definitions » Claims Ratio %
Comparable Companies
THG KMPR SIGI MCY RLI PLMR STC HMN SKWD LMND PGR CB TSE:8766 TRV ALL HKSE:01339 TSX:IFC HKSE:02328 HIG TSE:8725
Traded in Other Exchanges
WTM:USA
Address
23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053
Website
https://www.whitemountains.com
White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd.

White Mountains Insurance Group (BDA:WTM.BH) Headlines

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