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American Coastal Insurance (FRA:0UI) Claims Ratio % : 0.00% (As of . 20)


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What is American Coastal Insurance 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 Coastal Insurance's Claims Ratio % or its related term are showing as below:

FRA:0UI's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

American Coastal Insurance Claims Ratio % Historical Data

The historical data trend for American Coastal Insurance'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.

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American Coastal Insurance Claims Ratio % Chart


American Coastal Insurance  (FRA:0UI) 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 Coastal Insurance  (FRA:0UI) 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 Coastal Insurance Claims Ratio % Related Terms

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American Coastal Insurance (FRA:0UI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Coastal Insurance Corp (FRA:0UI) » Definitions » Claims Ratio %
Comparable Companies
GBLI UVE DGICA UFCS NODK HRTG HGTY ROOT PRA DOMA PGR CB TSE:8766 TRV ALL TSX:IFC HKSE:01339 HKSE:02328 HIG TSX:FFH
Traded in Other Exchanges
ACIC:USA
Address
800 2nd Avenue South, Saint Petersburg, FL, USA, 33701
Website
https://www.amcoastal.com
American Coastal Insurance Corp is a holding company that underwrites commercial residential property and casualty insurance policies in the United States through its wholly-owned insurance subsidiary.

American Coastal Insurance (FRA:0UI) Headlines

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