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Security National Financial (FRA:XSNA) Claims Ratio % : 0.00% (As of . 20)


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What is Security National 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 Security National Financial's Claims Ratio % or its related term are showing as below:

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

Security National Financial Claims Ratio % Historical Data

The historical data trend for Security National 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.

Security National Financial Claims Ratio % Chart


Security National Financial  (FRA:XSNA) 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.

Security National Financial  (FRA:XSNA) 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.

Security National Financial Claims Ratio % Related Terms

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Security National Financial (FRA:XSNA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Security National Financial Corp (FRA:XSNA) » Definitions » Claims Ratio %
Comparable Companies
OCN BETR CNF IOR GHI PAPL LDI AAMC VEL UWMC COOP PFSI NSE:LICHSGFIN WD NSE:PNBHOUSING LSE:OSB LSE:PAG RKT BOM:543335 FNMA
Traded in Other Exchanges
SNFCA:USA
Address
433 West Ascension Way, Salt Lake City, UT, USA, 84123
Website
https://www.securitynational.com
Security National Financial Corp is engaged in the life insurance, cemetery and mortuary, and mortgage loan businesses. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. Its cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes, and real estate projects. Geographically all the business activity is functioned through the region of the USA and it derives the majority of revenue from Mortgage segment.

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