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

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

What is Palomar Holdings Expense Ratio %?

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It indicates the efficiency of the insurance company before considering its claims and investment gains or losses.

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

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

Palomar Holdings Expense Ratio % Historical Data

The historical data trend for Palomar Holdings's Expense 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 Expense Ratio % Chart

Palomar Holdings (FRA:PH8) Expense Ratio % Calculation

Expense Ratio % is calculated as:

Expense Ratio %

Expenses of Acquiring, Underwriting and Servicing Premiums

Net Premium Earned

100%

Palomar Holdings (FRA:PH8) Expense Ratio % Explanation

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It can be used to make comparisons between insurance companies as well as measure their performance. An expense ratio below 100% suggests that the premiums an insurance company earned or wrote are more than the expenses it paid to support those premiums.

However, we should keep in mind that the ratio does not indicate an ending profitability. The overall profit is also influenced by the claims, investment gains or losses and other income. The ratio can be combined with Claims Ratio % and Combined Ratio % to get an overall performance of an insurance company.

Palomar Holdings Expense Ratio % Related Terms

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

Palomar Holdings (FRA:PH8) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PLMR:USA

Address

7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037

Website

https://plmr.com

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