Combined ratio of If Skadeförsäkring 2013-2022
The combined ratio of the Swedish non-life insurance company If Skadeförsäkring generally decreased 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 combined ratio is a measure of profitability, and is the sum of incurred losses and expenses divided by the earned premiums. The combined ratio of the company was 80.3 percent in 2022.