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Principal Financial Group (FRA:PG4) Claims Ratio % : 0.00% (As of . 20)


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What is Principal Financial 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 Principal Financial Group's Claims Ratio % or its related term are showing as below:

FRA:PG4's Claims Ratio % is not ranked *
in the Asset Management industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

Principal Financial Group Claims Ratio % Historical Data

The historical data trend for Principal Financial 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.

Principal Financial Group Claims Ratio % Chart


Principal Financial Group  (FRA:PG4) 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.

Principal Financial Group  (FRA:PG4) 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.

Principal Financial Group Claims Ratio % Related Terms

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Principal Financial Group (FRA:PG4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Principal Financial Group Inc (FRA:PG4) » Definitions » Claims Ratio %
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Traded in Other Exchanges
PFG:USA
Address
711 High Street, Des Moines, IA, USA, 50392
Website
https://www.principal.com
Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.

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