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Axis Capital Holdings (Axis Capital Holdings) Claims Ratio % : 0.00% (As of . 20)


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What is Axis Capital Holdings Claims Ratio %?

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

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

AXPHF.PFD'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.

* Premium members only.

Axis Capital Holdings Claims Ratio % Chart


Axis Capital Holdings  (OTCPK:AXPHF.PFD) 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  (OTCPK:AXPHF.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.

Axis Capital Holdings Claims Ratio % Related Terms

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Axis Capital Holdings (Axis Capital Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Axis Capital Holdings Ltd (OTCPK:AXPHF.PFD) » Definitions » Claims Ratio %
Comparable Companies
RDN MTG ACT AGO FAF ESNT RYAN NMIH AIZ TRUP FNF SAU:8210 ASX:MPL LSE:BEZ ASX:NHF LSE:LRE JSE:SNT OSL:PROT CAS:WAA TSX:TSU
Traded in Other Exchanges
AXSpE.PFD:USA AXS:USA AXV:Germany
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Website
https://www.axiscapital.com
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.