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Citizens (FRA:YCX) Claims Ratio % : 0.00% (As of . 20)


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What is Citizens Claims Ratio %?

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

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

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

Citizens Claims Ratio % Historical Data

The historical data trend for Citizens'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.

Citizens Claims Ratio % Chart


Citizens  (FRA:YCX) 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.

Citizens  (FRA:YCX) 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.

Citizens Claims Ratio % Related Terms

Thank you for viewing the detailed overview of Citizens's Claims Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Citizens (FRA:YCX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Citizens Inc (FRA:YCX) » Definitions » Claims Ratio %
Comparable Companies
VERY UTGN PKIN AAME KCLI ABL SHSE:601318 SHSE:601628 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU SHSE:601601 TPE:2881 TSX:GWO LSE:PRU TPE:2882 TSE:8750
Traded in Other Exchanges
CIA:USA
Address
11815 Alterra Parkway, Suite 1500, Austin, TX, USA, 78758
Website
https://www.citizensinc.com
Citizens Inc is an insurance holding company serving the life insurance needs of individuals in the United States. The company provides insurance benefits to residents in 32 U.S. states and more than 70 countries through its insurance subsidiaries. The company operates in two business segments namely the Life Insurance segment and the Home Service Insurance segment. The company majority generates revenues from Life Insurance segment.

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