GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Travelers Companies Inc (WBO:TRV) » Definitions » Claims Ratio %

The Travelers (WBO:TRV) Claims Ratio % : 0.00% (As of . 20)


View and export this data going back to 2017. Start your Free Trial

What is The Travelers Claims Ratio %?

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

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

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

The Travelers Claims Ratio % Historical Data

The historical data trend for The Travelers'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.

The Travelers Claims Ratio % Chart



The Travelers  (WBO:TRV) 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.


The Travelers  (WBO:TRV) 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.


The Travelers Claims Ratio % Related Terms

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


The Travelers (WBO:TRV) Business Description

Address
485 Lexington Avenue, New York, NY, USA, 10017
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.

The Travelers (WBO:TRV) Headlines