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WR Berkley (FRA:WR1) Claims Ratio % : 0.00% (As of . 20)


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What is WR Berkley Claims Ratio %?

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

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

FRA:WR1's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

WR Berkley Claims Ratio % Historical Data

The historical data trend for WR Berkley'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.

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WR Berkley Claims Ratio % Chart


WR Berkley  (FRA:WR1) 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.

WR Berkley  (FRA:WR1) 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.

WR Berkley Claims Ratio % Related Terms

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WR Berkley (FRA:WR1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » WR Berkley Corp (FRA:WR1) » Definitions » Claims Ratio %
Comparable Companies
MKL CINF L CNA HIG AFG KNSL RLI SIGI THG PGR CB TSE:8766 TRV ALL HKSE:01339 TSX:IFC HKSE:02328 TSE:8725 TSX:FFH
Traded in Other Exchanges
WRBpE.PFD:USA WRB:USA
Address
475 Steamboat Road, Greenwich, CT, USA, 06830
Website
http://www.wrberkley.com
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.

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