Sompo Holdings (Sompo Holdings) Expense Ratio % : 0.00% (As of . 20)

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What is Sompo 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.

Sompo Holdings's Expense Ratio % for the annual that ended in Mar. 2023 was 33.50% , which is lower than 33.70% for the pervious year ended in Mar. 2022.

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

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

Sompo Holdings Expense Ratio % Historical Data

The historical data trend for Sompo 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.

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Sompo Holdings Expense Ratio % Chart

Sompo Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Expense Ratio %

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Combined Ratio %

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Claims Ratio %

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Competitive Comparison of Sompo Holdings's Expense Ratio %

For the Insurance - Property & Casualty subindustry, Sompo Holdings's Expense Ratio %, along with its competitors' market caps and Expense 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.

Sompo Holdings (OTCPK:SMPNY) Expense Ratio % Calculation

Expense Ratio % is calculated as:

Expense Ratio %

Expenses of Acquiring, Underwriting and Servicing Premiums

Net Premium Earned

100%

Sompo Holdings (OTCPK:SMPNY) 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.

Sompo Holdings Expense Ratio % Related Terms

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Sompo Holdings (Sompo Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sompo Holdings Inc (OTCPK:SMPNY) » Definitions » Expense Ratio %

Comparable Companies

Traded in Other Exchanges

NHOLF:USA 8630:Japan ANK:Germany

Address

26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338

Website

http://www.sompo-hd.com

Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.

Sompo Holdings (Sompo Holdings) Headlines

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