Claims Ratio % is the percentage of claims costs incurred in relation to the premiums earned.
Axis Capital Holdings's Claims Ratio % for the quarter that ended in Mar. 2025 was 58.60%
, which is lower than
60.40% for the pervious quarter ended in Dec. 2024.
Axis Capital Holdings's Claims Ratio % for the annual that ended in Dec. 2024 was 59.50%
, which is lower than
66.70% for the pervious year ended in Dec. 2023.
The historical rank and industry rank for Axis Capital Holdings's Claims Ratio % or its related term are showing as below:
AXS's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median: * Ranked among companies with meaningful Claims Ratio % only.
Axis Capital Holdings Claims Ratio % Historical Data
The historical data trend for Axis Capital Holdings'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.
Competitive Comparison of Axis Capital Holdings's Claims Ratio %
For the Insurance - Specialty subindustry, Axis Capital Holdings's Claims Ratio %, along with its competitors' market caps and Claims Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Axis Capital Holdings (NYSE:AXS) 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.
Axis Capital Holdings (NYSE:AXS) 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.
Axis Capital Holdings Claims Ratio % Related Terms
Thank you for viewing the detailed overview of Axis Capital Holdings's Claims Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Axis Capital Holdings Ltd is a specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the United States ("U.S."), Europe, Singapore, and Canada. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks. The company's segment consists of AXIS Insurance and AXIS Reinsurance. The company generates the majority of its revenue from the Insurance segment. Geographically, the company generates the majority of its revenue from the United States.
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