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The Hartford Financial Services Group (BSP:H1IG34) Claims Ratio % : 0.00% (As of . 20)


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What is The Hartford Financial Services Group 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 Hartford Financial Services Group's Claims Ratio % or its related term are showing as below:

BSP:H1IG34's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

The Hartford Financial Services Group Claims Ratio % Historical Data

The historical data trend for The Hartford Financial Services Group'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 Hartford Financial Services Group Claims Ratio % Chart


The Hartford Financial Services Group  (BSP:H1IG34) 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 Hartford Financial Services Group  (BSP:H1IG34) 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 Hartford Financial Services Group Claims Ratio % Related Terms

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The Hartford Financial Services Group (BSP:H1IG34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Hartford Financial Services Group Inc (BSP:H1IG34) » Definitions » Claims Ratio %
Comparable Companies
WRB MKL CINF L CNA ALL AFG KNSL TRV RLI PGR CB TSE:8766 HKSE:01339 TSX:IFC HKSE:02328 TSE:8725 TSX:FFH TSE:8630 ASX:QBE
Traded in Other Exchanges
HIGpG.PFD:USA HIG:USA HFF:Germany
Address
One Hartford Plaza, Hartford, CT, USA, 06155
Website
https://www.thehartford.com
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.

The Hartford Financial Services Group (BSP:H1IG34) Headlines

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