Credit, surety, and fidelity insurance claims ratio in Germany 1960-2020

Between 2010 and 2020, the claims ratio in the credit, surety, and fidelity insurance sector in Germany remained below 70 percent. In 2020, the ratio was 56.2 percent, which meant that insurance payments accounted for 56.2 percent of the income generated from insurance premiums. This insurance branch translates to "Kredit-, Kautions- und Vertrauensschadenversicherung" in German. The claims ratio shows the value of income made by insurance companies in the form of premiums compared with the value of insurance payments. This ratio is an important profitability for insurance companies and a ratio below 70 percent is generally seen as good.