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American International Group (FRA:AINN) Claims Ratio % : 0.00% (As of . 20)


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What is American International 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 American International Group's Claims Ratio % or its related term are showing as below:

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

American International Group Claims Ratio % Historical Data

The historical data trend for American International 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.

American International Group Claims Ratio % Chart


American International Group  (FRA:AINN) 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.

American International Group  (FRA:AINN) 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.

American International Group Claims Ratio % Related Terms

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American International Group (FRA:AINN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American International Group Inc (FRA:AINN) » Definitions » Claims Ratio %
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Traded in Other Exchanges
AIGpA.PFD:USA AIG:USA AIG:Mexico AINNd:UK AINN:Germany AIGB34:Brazil AIG:Austria AIG:Argentina
Address
1271 Avenue of the Americas, New York, NY, USA, 10020
Website
https://www.aig.com
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.

American International Group (FRA:AINN) Headlines

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