Learn how to calculate operating cash flow margin, a vital indicator of earnings quality and efficiency, with a detailed formula and practical example.

Our expense ratio was 30.6% for the three months ended June 30, 2025, reflecting a decrease of 3.2 points compared to 33.8% for the same period in 2024. This decrease in our expense ratio was ...

The average gross expense ratio––presented as a weighted average––represents the percentage of fund assets used to pay for operating expenses and management fees, including administrative fees, and ...

The average net expense ratio––presented as a weighted average––represents the percentage of fund assets, net of reimbursements, used to pay for operating expenses and management fees, including ...

These results were particularly evident in the segment's underwriting expense ratio, which improved noticeably during the 2014-2024 timeframe. In 2024, the U.S. P/C segment's combined ratio dropped ...

There are two main categories of expenses that a business can incur: overhead and operating expenses. Operating expenses are those that a business incurs as a result of its normal operations. These ...

North America Commercial P&C Insurance: The combined ratio decreased 3.8 percentage points mainly from lower catastrophe losses (1.8 points), higher favorable prior period development (1.3 points), ...