Expense ratio of If Skadeförsäkring 2013-2022
The expense ratio of the Swedish non-life insurance company If Skadeförsäkring steadily decreased during the period from 2013 to 2022, except in the year 2015 when a more dramatic decline was observed. 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 expense ratio takes the company's expenses to their premiums earned, and in 2022, If Skadeförsäkring had an expense ratio of 15.4 percent.