GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Palomar Holdings Inc (FRA:PH8) » Definitions » Combined Ratio %

Palomar Holdings (FRA:PH8) Combined Ratio % : 0.00% (As of . 20)


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

What is Palomar 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 Palomar Holdings's Combined Ratio % or its related term are showing as below:

FRA:PH8's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Palomar Holdings Combined Ratio % Historical Data

The historical data trend for Palomar 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.

Palomar Holdings Combined Ratio % Chart



Palomar Holdings  (FRA:PH8) 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.


Palomar Holdings  (FRA:PH8) 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.


Palomar Holdings Combined Ratio % Related Terms

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


Palomar Holdings (FRA:PH8) Business Description

Traded in Other Exchanges
Address
7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037
Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.

Palomar Holdings (FRA:PH8) Headlines

No Headlines