Fidelis Insurance Holdings (Fidelis Insurance Holdings) Claims Ratio % : 0.00% (As of . 20)

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What is Fidelis Insurance Holdings Claims Ratio %?

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

Fidelis Insurance Holdings's Claims Ratio % for the annual that ended in Dec. 2022 was 55.20% , which is higher than 0.00% for the pervious year ended in . 20.

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

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

Fidelis Insurance Holdings Claims Ratio % Historical Data

The historical data trend for Fidelis 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.

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Fidelis Insurance Holdings Claims Ratio % Chart

Fidelis Insurance Holdings Annual Data

Trend

Dec22

Claims Ratio %

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Expense Ratio %

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Combined Ratio %

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Competitive Comparison of Fidelis Insurance Holdings's Claims Ratio %

For the Insurance - Diversified subindustry, Fidelis Insurance Holdings's Claims Ratio %, along with its competitors' market caps and Claims 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.

Fidelis Insurance Holdings (NYSE:FIHL) Claims Ratio % Calculation

Claims Ratio % is calculated as

Claims Ratio %

Total Claims

Total Premiums Earned

100%

Fidelis Insurance Holdings (NYSE:FIHL) 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.

Fidelis Insurance Holdings Claims Ratio % Related Terms

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Fidelis Insurance Holdings (Fidelis Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelis Insurance Holdings Ltd (NYSE:FIHL) » Definitions » Claims Ratio %

Comparable Companies

Traded in Other Exchanges

U0K:Germany

Address

100 Pitts Bay Road, Waterloo House, Pembroke, BMU, HM08

Website

https://www.fidelisinsurance.com

Fidelis Insurance Holdings Ltd is a global (re)insurance company. It classify the business into three underwriting segments, namely Bespoke, Specialty and Reinsurance. Specialty primarily comprises property D&F, energy, marine and aviation lines. Bespoke primarily comprises credit and political risk and other tailored solutions for clients including transactional liabilities and credit insurance. Reinsurance primarily comprises property reinsurance.