Claims ratio of If Skadeförsäkring 2013-2022
The claims ratio of the Swedish non-life insurance company If Skadeförsäkring generally decreased during the period from 2013 to 2022, albeit with some fluctuation. If Skadeförsäkring is a subsidiary of If P&C Company Ltd., which is a property and casualty insurance company with millions of customers across Sweden, Norway, Finland, Denmark, Estonia, Latvia, Lithuania, and Russia. The ratio measures the claims costs in relation to the company's premium income, and a low ratio indicates profitability of the company. As of 2022, the claims ratio of If Skadeförsäkring was 64.9 percent.