Gross claims ratio of Codan Forsikring A/S 2012-2020
The gross claims ratio of the Danish insurance company Codan Forsikring A/S varied over the period from 2012 to 2020, with the lowest ratio in 2016 when it was 63.9 percent. The ratio measures the claims costs in relation to the company's premium income, and a low ratio indicate profitability of the company. In 2020, the gross claims ratio of Codan had decreased from the previous year, amounting to 66.1 percent.
