How do you interpret accident and health insurance — assumed premiums earned?

Growth in this metric indicates successful expansion into the reinsurance market and increased underwriting capacity.

How does accident and health insurance — assumed premiums earned compare across companies?

Standard metric for insurance companies that operate as reinsurers.

U-Haul Holding UHAL.B Accident And Health Insurance — Assumed Premiums Earned

Discontinued — last reported Q4 '19

Similar metrics at other companies

ALLAccident And Health Insurance — Assumed Premiums Earned

$10.5M+320%

ORIAccident and health Insurance — Assumed Premiums Earned

$0—

ALLAccident and health insurance — Assumed

$10.5M+61.5%

EGProperty And Liability Insurance — Assumed Premiums Earned

$2.27B+9.2%

AIGAccident and health — Assumed

$8.75M+16.7%

EQHAccident and health — Reinsurance assumed

-$1.75M-217%

Other financials

Income statement

See full

Revenue$1.3B+3.1%

Gross profit$1.4B+3.5%

Operating income$33.7M-77.7%

Net income$37.0M-45.0%

EPS (diluted)$0.11-76.7%

Balance sheet

See full

Cash & equivalents$1.1B+13.3%

Total debt$8.1B+11.5%

Total equity$7.6B+1.5%

Total assets$21.5B+5.0%

Cash flow

See full

Operating cash flow$404.0M+103%

CapEx$551.7M-6.3%

Free cash flow-$147.7M+62.2%

Valuation

See full

Market cap$11.82B-26.2%

Enterprise value$18.83B-13.6%

P/S2×-0.8×

Profitability

See full

Gross margin95.9%-0.1pp

Operating margin8.5%-4.9pp

Net margin7.9%-3.8pp

FCF margin-22.5%-5.8pp

Returns & leverage

See full

Return on equity6.1%-3.8pp

Debt / equity1.1×+0.1×

Where this comes from

Reported directly by U-Haul Holding in its filing.

Tagged under the XBRL concept us-gaap:AssumedPremiumsEarned.

The official record: U-Haul Holding’s 10-K, filed May 27, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does accident and health insurance — assumed premiums earned mean?: The total earned premiums from taking on risks from other insurance providers.
How do you interpret accident and health insurance — assumed premiums earned?: Growth in this metric indicates successful expansion into the reinsurance market and increased underwriting capacity.
How does accident and health insurance — assumed premiums earned compare across companies?: Standard metric for insurance companies that operate as reinsurers.