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American Coastal Insurance (American Coastal Insurance) Combined Ratio % : 58.30% (As of Mar. 2024)


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What is American Coastal Insurance 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.

American Coastal Insurance's Combined Ratio % for the quarter that ended in Mar. 2024 was 58.30% , which is lower than 66.60% for the pervious quarter ended in Dec. 2023.

American Coastal Insurance's Combined Ratio % for the annual that ended in Dec. 2023 was 66.00% , which is lower than 194.70% for the pervious year ended in Dec. 2022.

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

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

American Coastal Insurance Combined Ratio % Historical Data

The historical data trend for American Coastal Insurance'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.

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American Coastal Insurance Combined Ratio % Chart

American Coastal Insurance Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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American Coastal InsuranceQuarterly Data
Trend Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Competitive Comparison of American Coastal Insurance's Combined Ratio %

For the Insurance - Property & Casualty subindustry, American Coastal Insurance's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Coastal Insurance  (NAS:ACIC) 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.


American Coastal Insurance  (NAS:ACIC) 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.


American Coastal Insurance Combined Ratio % Related Terms

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American Coastal Insurance (American Coastal Insurance) Business Description

Traded in Other Exchanges
Address
800 2nd Avenue South, Saint Petersburg, FL, USA, 33701
American Coastal Insurance Corp is a holding company that underwrites commercial residential property and casualty insurance policies in the United States through its wholly-owned insurance subsidiary.
Executives
Patrick Maroney director 800 2ND AVE S, ST PETERSBURG FL 33701
Kern Michael Davis 10 percent owner 6334 BAHAMA SHORES DR, S, ST. PETERSBURG FL 33705
Hood Iii William H. 10 percent owner 3962 TARIAN CT, PALM HARBOR FL 34684
Alec Ii Poitevint director 360 CENTRAL AVENUE, SUITE 900, SAINT PETERSBURG FL 33701
Christopher Griffith officer: Chief Information Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Kent G Whittemore director 360 CENTRAL AVENUE, SUITE 900, SAINT PETERSBURG FL 33701
Brad Martz officer: Chief Financial Officer C/O UNITED INSURANCE HOLDINGS CORP., 360 CENTRAL AVE., SUITE 900, ST. PETERSBURG FL 33701
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Michael Hogan director 1359 21ST AVENUE N., SUITE 105, MYRTLE BEACH SC 29577
Gregory C Branch director, 10 percent owner, other: Chairman of the Board 360 CENTRAL AVENUE, SUITE 900, SAINT PETERBURG FL 33701
Brooke Shirazi officer: Chief Underwriting Officer 800 2ND AVE S, ST. PETERSBURG FL 33701
John Scott St officer: Chief Claims Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Brooke Adler officer: Chief Legal Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Alycia Weigley officer: Chief Talent Officer 800 2ND AVE S, ST. PETERSBURG FL 33701
Christian Dittman officer: Chief Risk Officer 800 2ND AVE S, ST PETERSBURG FL 33701

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