This statistic depicts calendar-year combined underwriting ratio for the property insurance field companies operating in the United Kingdom (UK) from 2009 to 2013. As of 2012, the ratio used to measure the profitability of insurance companies amounted to 98.7 percent, meaning the companies that year made marginally more money in premiums than they paid out in claims.
Property insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013
Calendar-year combined ratio is one of the most important profitability measures for insurance companies and as investopedia.com defines it, it is "calculated by taking the sum of incurred losses and expenses and then dividing them by earned premium".
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A.M. Best. (October 13, 2014). Property insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/463011/property-insurance-combined-ratio-uk/
A.M. Best. "Property insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 ." Chart. October 13, 2014. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/463011/property-insurance-combined-ratio-uk/
A.M. Best. (2014). Property insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 . Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/463011/property-insurance-combined-ratio-uk/
A.M. Best. "Property Insurance Calendar-year Combined Underwriting Ratio in The United Kingdom (Uk) from 2009 to 2013 ." Statista, Statista Inc., 13 Oct 2014, https://www.statista.com/statistics/463011/property-insurance-combined-ratio-uk/
A.M. Best, Property insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 Statista, https://www.statista.com/statistics/463011/property-insurance-combined-ratio-uk/ (last visited December 21, 2024)
Property insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 [Graph], A.M. Best, October 13, 2014. [Online]. Available: https://www.statista.com/statistics/463011/property-insurance-combined-ratio-uk/