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HCI Group (FRA:0H5) Claims Ratio % : 0.00% (As of . 20)


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What is HCI Group Claims Ratio %?

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

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

FRA:0H5's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

HCI Group Claims Ratio % Historical Data

The historical data trend for HCI Group'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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HCI Group Claims Ratio % Chart


HCI Group  (FRA:0H5) 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.

HCI Group  (FRA:0H5) 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.

HCI Group Claims Ratio % Related Terms

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HCI Group (FRA:0H5) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » HCI Group Inc (FRA:0H5) » Definitions » Claims Ratio %
Comparable Companies
PRA HGTY SAFT LMND UFCS DGICA UVE GBLI ACIC HMN PGR CB TSE:8766 TRV ALL TSX:IFC HKSE:01339 HKSE:02328 HIG TSX:FFH
Traded in Other Exchanges
HCI:USA
Address
3802 Coconut Palm Drive, Tampa, FL, USA, 33619
Website
https://www.hcigroup.com
HCI Group Inc is primarily engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are HCPCI insurance operations, TypTap Group, Real estate operations, and Corporate and other. It derives key revenue from the HCPCI Insurance operation segment.

HCI Group (FRA:0H5) Headlines

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