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Cincinnati Financial (LTS:0HYE) Claims Ratio % : 0.00% (As of . 20)


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

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

Cincinnati Financial Claims Ratio % Historical Data

The historical data trend for Cincinnati 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.

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Cincinnati Financial Claims Ratio % Chart


Cincinnati Financial  (LTS:0HYE) 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.

Cincinnati Financial  (LTS:0HYE) 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.

Cincinnati Financial Claims Ratio % Related Terms

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Cincinnati Financial (LTS:0HYE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Cincinnati Financial Corp (LTS:0HYE) » Definitions » Claims Ratio %
Comparable Companies
L MKL WRB CNA AFG KNSL RLI HIG SIGI THG PGR CB TSE:8766 TRV ALL HKSE:01339 TSX:IFC HKSE:02328 TSE:8725 TSX:FFH
Traded in Other Exchanges
CINF:USA CCJ:Germany
Address
6200 S. Gilmore Road, Fairfield, OH, USA, 45014-5141
Website
https://www.cinfin.com
Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The company operates in segments: Commercial lines insurance, Personal lines insurance, and Excess and surplus lines insurance, Life insurance, and Investments. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.

Cincinnati Financial (LTS:0HYE) Headlines

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