This statistic depicts calendar-year combined underwriting ratio for the liability insurance field companies operating in the United Kingdom (UK) from 2009 to 2013. As of 2013, the ratio used to measure the profitability of liability insurance companies amounted to 139.4 percent, meaning the companies that year paid out significantly more money in claims than they received in premiums.
Liability 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). Liability insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/463028/liability-insurance-combined-ratio-uk/
A.M. Best. "Liability insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 ." Chart. October 13, 2014. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/463028/liability-insurance-combined-ratio-uk/
A.M. Best. (2014). Liability insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 . Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/463028/liability-insurance-combined-ratio-uk/
A.M. Best. "Liability 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.ezproxy.canberra.edu.au/statistics/463028/liability-insurance-combined-ratio-uk/
A.M. Best, Liability insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/463028/liability-insurance-combined-ratio-uk/ (last visited November 10, 2024)
Liability 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.ezproxy.canberra.edu.au/statistics/463028/liability-insurance-combined-ratio-uk/
