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Hallmark Financial Services (FRA:SSB0) Claims Ratio % : 0.00% (As of . 20)


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What is Hallmark Financial Services Claims Ratio %?

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

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

FRA:SSB0's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

Hallmark Financial Services Claims Ratio % Historical Data

The historical data trend for Hallmark Financial Services'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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Hallmark Financial Services Claims Ratio % Chart


Hallmark Financial Services  (FRA:SSB0) 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.

Hallmark Financial Services  (FRA:SSB0) 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.

Hallmark Financial Services Claims Ratio % Related Terms

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Hallmark Financial Services (FRA:SSB0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hallmark Financial Services Inc (FRA:SSB0) » Definitions » Claims Ratio %
Comparable Companies
SOI PUMP AESI BOOM MRC RNGR SLB SND RES SLCA PGR CB TSE:8766 TRV ALL HKSE:01339 TSX:IFC HKSE:02328 HIG TSE:8725
Traded in Other Exchanges
HALL:USA
Address
5420 Lyndon B. Johnson Freeway, Suite 1100, Two Lincoln Centre, Dallas, TX, USA, 75240
Website
https://www.hallmarkgrp.com
Hallmark Financial Services Inc is an insurance holding company, which is engaged in the sale of property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting, and servicing insurance products, as well as providing other insurance-related services. The company operates in segments such as Standard Commercial Segment, Specialty Commercial Segment, and Personal Segment. Geographically, it operates through the region of United States and derives a majority of its revenue from Specialty Commercial Segment, which includes Commercial Auto business unit, E&S Casualty business unit, E&S Property business unit, Professional Liability business unit, and Aerospace & Programs business unit.

Hallmark Financial Services (FRA:SSB0) Headlines

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