Allstate (Allstate) Claims Ratio % : 0.00% (As of . 20)

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What is Allstate Claims Ratio %?

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

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

ALLpD.CL.PFD's Claims Ratio % is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

Allstate Claims Ratio % Historical Data

The historical data trend for Allstate'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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Allstate Claims Ratio % Chart

Allstate (NYSE:ALLpD.CL.PFD) Claims Ratio % Calculation

Claims Ratio % is calculated as

Claims Ratio %

Total Claims

Total Premiums Earned

100%

Allstate (NYSE:ALLpD.CL.PFD) 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.

Allstate Claims Ratio % Related Terms

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Allstate (Allstate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allstate Corp (NYSE:ALLpD.CL.PFD) » Definitions » Claims Ratio %

Comparable Companies

Traded in Other Exchanges

ALLpI.PFD:USA ALLpH.PFD:USA ALLpB.PFD:USA ALL:USA ALS:Germany A1TT34:Brazil

Address

3100 Sanders Road, Northbrook, IL, USA, 60062

Website

https://www.allstate.com

Allstate is one of the largest U.S. property and casualty insurers in the U.S. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 10,000 company agencies.