What does medical costs mean?

Represents the total claims and healthcare service costs incurred by an insurance entity for its policyholders. This metric is a primary driver of the loss ratio and reflects the direct cost of providing insurance coverage.

W.R. Berkley WRB Medical costs

Segments

By segment

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Insurance$1.75B+6.3%

Reinsurance & Monoline Excess$169.06M-20.8%

Other financials

Income statement

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Revenue$3.7B+4.0%

Net income$515.2M+23.4%

EPS (diluted)$1.31+26.0%

Balance sheet

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Cash & equivalents$2.3B+32.6%

Total debt$255.7M+14.7%

Total equity$9.7B+9.3%

Total assets$44.3B+7.2%

Cash flow

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Operating cash flow$667.9M-10.2%

Valuation

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Market cap$26.26B-2.2%

Enterprise value$24.23B-3.5%

P/E14×-1.3×

P/S1.8×-0.1×

Profitability

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Net margin12.6%+0.2pp

FCF margin13.7%—

Returns & leverage

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Return on equity20.1%-0.6pp

Debt / equity0×0.0×

Questions, answered.

What does medical costs mean?: Represents the total claims and healthcare service costs incurred by an insurance entity for its policyholders. This metric is a primary driver of the loss ratio and reflects the direct cost of providing insurance coverage.