GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » CNA Financial Corp (FRA:CNH) » Definitions » Claims Ratio %

CNA Financial (FRA:CNH) Claims Ratio % : 0.00% (As of . 20)


View and export this data going back to 2010. Start your Free Trial

What is CNA Financial Claims Ratio %?

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

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

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

CNA Financial Claims Ratio % Historical Data

The historical data trend for CNA Financial'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.

* Premium members only.

CNA Financial Claims Ratio % Chart


CNA Financial  (FRA:CNH) 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.

CNA Financial  (FRA:CNH) 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.

CNA Financial Claims Ratio % Related Terms

Thank you for viewing the detailed overview of CNA Financial's Claims Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

CNA Financial (FRA:CNH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » CNA Financial Corp (FRA:CNH) » Definitions » Claims Ratio %
Comparable Companies
AFG KNSL L RLI SIGI CINF THG WTM KMPR WRB PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
CNA:USA CNH:Germany
Address
151 N. Franklin Street, Chicago, IL, USA, 60606
Website
https://www.cna.com
CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.