Combined ratio of Länsförsäkringar 2008-2023
The combined ratio of the Swedish insurance company Länsförsäkringar decreased overall during the period from 2008 to 2023, albeit with some fluctuation. The combined ratio is a measure of profitability, and is the sum of incurred losses and expenses divided by the earned premiums. Länsförsäkringar is a Swedish non-life insurance company headquartered in Sweden, with independent companies operating in each county in Sweden under their common brand name. The combined ratio of Länsförsäkringar dropped from 111 percent in 2008 to 97 percent in 2023.