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Universal Insurance Holdings (STU:5UI) Claims Ratio % : 0.00% (As of . 20)


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What is Universal Insurance Holdings Claims Ratio %?

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

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

STU:5UI's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

Universal Insurance Holdings Claims Ratio % Historical Data

The historical data trend for Universal Insurance Holdings'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.

Universal Insurance Holdings Claims Ratio % Chart


Universal Insurance Holdings  (STU:5UI) 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.

Universal Insurance Holdings  (STU:5UI) 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.

Universal Insurance Holdings Claims Ratio % Related Terms

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Universal Insurance Holdings (STU:5UI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Universal Insurance Holdings Inc (STU:5UI) » Definitions » Claims Ratio %
Comparable Companies
UFCS ACIC DGICA GBLI PRA HGTY BOW NODK ROOT HRTG PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
UVE:USA 5UI:Germany
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Website
https://www.universalinsuranceholdings.com
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.

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