Claims and Claim Expense
"Claims and Claim Expense" is a financial metric that measures the total amount of claims that are made against an insurance company, as well as the expenses associated with processing those claims. This metric can help investors evaluate the financial health of an insurance company, as it provides insight into the likelihood of the company having sufficient reserves to cover future claims. High claims and claim expenses can negatively impact the profitability of an insurance company, as it may have to pay out large sums of money to cover claims.
Additional Details
| Metric Name |
Type |
Default Period Type |
| claims_and_claim_expenses |
fin_statement |
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |