Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It indicates the efficiency of the insurance company before considering its claims and investment gains or losses.
The Travelers's Expense Ratio % for the quarter that ended in Mar. 2024 was 28.70%
, which is higher than
27.40% for the pervious quarter ended in Dec. 2023.
The Travelers's Expense Ratio % for the annual that ended in Dec. 2023 was 28.10%
, which is lower than
28.50% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for The Travelers's Expense Ratio % or its related term are showing as below:
TRV's Expense Ratio % is not ranked *
in the Insurance industry.
Industry Median: * Ranked among companies with meaningful Expense Ratio % only.
The Travelers Expense Ratio % Historical Data
The historical data trend for The Travelers's Expense 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 The Travelers's Expense Ratio %
For the Insurance - Property & Casualty subindustry, The Travelers's Expense Ratio %, along with its competitors' market caps and Expense 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.
The Travelers (NYSE:TRV) Expense Ratio % Calculation
Expense Ratio % is calculated as:
Expense Ratio %
=
Expenses of Acquiring, Underwriting and Servicing Premiums
/
Net Premium 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.
The Travelers (NYSE:TRV) Expense Ratio % Explanation
Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It can be used to make comparisons between insurance companies as well as measure their performance. An expense ratio below 100% suggests that the premiums an insurance company earned or wrote are more than the expenses it paid to support those premiums.
However, we should keep in mind that the ratio does not indicate an ending profitability. The overall profit is also influenced by the claims, investment gains or losses and other income. The ratio can be combined with Claims Ratio % and Combined Ratio % to get an overall performance of an insurance company.
The Travelers Expense Ratio % Related Terms
Thank you for viewing the detailed overview of The Travelers's Expense Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Travelers (The Travelers) Business Description
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.
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