GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Heritage Insurance Holdings Inc (FRA:11H) » Definitions » Combined Ratio %

Heritage Insurance Holdings (FRA:11H) Combined Ratio % : 0.00% (As of . 20)


View and export this data going back to 2019. Start your Free Trial

What is Heritage Insurance Holdings Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

The historical rank and industry rank for Heritage Insurance Holdings's Combined Ratio % or its related term are showing as below:

FRA:11H's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Heritage Insurance Holdings Combined Ratio % Historical Data

The historical data trend for Heritage Insurance Holdings's Combined 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.

Heritage Insurance Holdings Combined Ratio % Chart



Heritage Insurance Holdings  (FRA:11H) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %=( Incurred Losses + Expenses ) / Earned Premium * 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.


Heritage Insurance Holdings  (FRA:11H) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.


Heritage Insurance Holdings Combined Ratio % Related Terms

Thank you for viewing the detailed overview of Heritage Insurance Holdings's Combined Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Insurance Holdings (FRA:11H) Business Description

Traded in Other Exchanges
Address
1401 N. Westshore Boulevard, Tampa, FL, USA, 33607
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in more than 10 states in the United States. It also offers commercial residential insurance primarily for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.

Heritage Insurance Holdings (FRA:11H) Headlines

No Headlines