NMI Holdings (FRA:6NM) Combined Ratio % : 0.00% (As of . 20)

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What is NMI Holdings Combined Ratio %?

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 NMI Holdings's Combined Ratio % or its related term are showing as below:

FRA:6NM's Combined Ratio % is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

NMI Holdings Combined Ratio % Historical Data

The historical data trend for NMI Holdings'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.

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NMI Holdings Combined Ratio % Chart

NMI Holdings (FRA:6NM) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %

( Incurred Losses

Expenses )

Earned Premium

100%

NMI Holdings (FRA:6NM) 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.

NMI Holdings Combined Ratio % Related Terms

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NMI Holdings (FRA:6NM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NMI Holdings Inc (FRA:6NM) » Definitions » Combined Ratio %

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Traded in Other Exchanges

NMIH:USA

Address

2100 Powell Street, Emeryville, CA, USA, 94608

Website

https://www.nationalmi.com

NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, Internet-sourced lenders, and other non-bank lenders.

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