Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.
The historical rank and industry rank for FBL Financial Group's Combined Ratio % or its related term are showing as below:
FFG's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median: * Ranked among companies with meaningful Combined Ratio % only.
FBL Financial Group Combined Ratio % Historical Data
The historical data trend for FBL Financial Group's Combined 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.
Competitive Comparison of FBL Financial Group's Combined Ratio %
For the Insurance - Life subindustry, FBL Financial Group's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
FBL Financial Group (NYSE:FFG) Combined Ratio % Calculation
Combined Ratio % is calculated as:
Combined Ratio %
=
( Incurred Losses
+
Expenses )
/
Earned Premium
*
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.
FBL Financial Group (NYSE:FFG) Combined Ratio % Explanation
Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.
Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.
FBL Financial Group Combined Ratio % Related Terms
Thank you for viewing the detailed overview of FBL Financial Group's Combined Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
FBL Financial Group (FBL Financial Group) Business Description
FBL Financial Group Inc is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property and Casualty Insurance Company, and Western Agricultural Insurance Company. Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.
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