What does medical costs mean?

This represents the direct expenses incurred for claims and healthcare services provided to policyholders. It is a critical metric for health insurance providers to measure the cost of fulfilling policy obligations. It is the primary driver of the medical loss ratio.

The Travelers Companies TRV Medical costs

Segments

By segment

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Business Insurance$3.53B-4.7%

Personal Insurance$2.41B-37.7%

Bond & Specialty Insurance$441M+1.6%

Other financials

Income statement

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Revenue$11.9B+1.0%

Net income$1.7B+333%

EPS (diluted)$7.78+358%

Balance sheet

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Cash & equivalents$615.0M-15.1%

Total debt$9.3B+15.4%

Total equity$32.0B+13.5%

Total assets$142.31B+4.7%

Cash flow

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Operating cash flow$2.2B+61.6%

Valuation

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Market cap$67.68B+12.7%

Enterprise value$76.34B+13.3%

P/E8.9×-5.2×

P/S1.4×+0.1×

Profitability

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Net margin15.5%+6.5pp

Returns & leverage

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Return on equity25.3%+9.2pp

Debt / equity0.3×0.0×

Questions, answered.

What does medical costs mean?: This represents the direct expenses incurred for claims and healthcare services provided to policyholders. It is a critical metric for health insurance providers to measure the cost of fulfilling policy obligations. It is the primary driver of the medical loss ratio.