Ageas/ NV (WBO:AGS) Expense Ratio % : 0.00% (As of . 20)

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What is Ageas/ NV Expense Ratio %?

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It indicates the efficiency of the insurance company before considering its claims and investment gains or losses.

The historical rank and industry rank for Ageas/ NV's Expense Ratio % or its related term are showing as below:

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

Ageas/ NV Expense Ratio % Historical Data

The historical data trend for Ageas/ NV's Expense 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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Ageas/ NV Expense Ratio % Chart

Ageas/ NV (WBO:AGS) Expense Ratio % Calculation

Expense Ratio % is calculated as:

Expense Ratio %

Expenses of Acquiring, Underwriting and Servicing Premiums

Net Premium Earned

100%

Ageas/ NV (WBO:AGS) Expense Ratio % Explanation

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It can be used to make comparisons between insurance companies as well as measure their performance. An expense ratio below 100% suggests that the premiums an insurance company earned or wrote are more than the expenses it paid to support those premiums.

However, we should keep in mind that the ratio does not indicate an ending profitability. The overall profit is also influenced by the claims, investment gains or losses and other income. The ratio can be combined with Claims Ratio % and Combined Ratio % to get an overall performance of an insurance company.

Ageas/ NV Expense Ratio % Related Terms

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Ageas/ NV (WBO:AGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ageas SA/ NV (WBO:AGS) » Definitions » Expense Ratio %

Comparable Companies

Traded in Other Exchanges

AGESY:USA AGS:Mexico AGS:Italy AGSb:UK 0Q99:UK FO4N:Germany AGS:Belgium

Address

Rue du Marquis 1/Markiesstraat 1, Box 7, Brussels, BEL, 1000

Website

https://www.ageas.com

Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis' capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.