Safety Insurance Group (FRA:SFN) Claims Ratio % : 0.00% (As of . 20)

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

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

Safety Insurance Group Claims Ratio % Historical Data

The historical data trend for Safety Insurance 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.

Safety Insurance Group Claims Ratio % Chart

Safety Insurance Group (FRA:SFN) Claims Ratio % Calculation

Claims Ratio % is calculated as

Claims Ratio %

Total Claims

Total Premiums Earned

100%

Safety Insurance Group (FRA:SFN) 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.

Safety Insurance Group Claims Ratio % Related Terms

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Safety Insurance Group (FRA:SFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Safety Insurance Group Inc (FRA:SFN) » Definitions » Claims Ratio %

Comparable Companies

Traded in Other Exchanges

SAFT:USA

Address

20 Custom House Street, Boston, MA, USA, 02110

Website

http://www.safetyinsurance.com

Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.

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