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loss ratio

noun, Insurance.
1.
the ratio of the losses paid or accrued by an insurer to premiums earned, usually for a period of one year.
Origin
1925-1930
1925-30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for loss ratio
  • The loss ratio method multiplies premiums by an expected loss ratio to produce ultimate loss estimates for each accident year.
  • loss ratio refers to the proportion which losses incurred bear to the earned premium.
  • Find detailed technical and regulatory information on medical loss ratio.
  • If the experience loss ratio has been below the minimum loss ratio standard, a corrective action may be required.
  • The medical loss ratio is one way the law makes sure consumers get better value for their health care dollars.
British Dictionary definitions for loss ratio

loss ratio

noun
1.
the ratio of the annual losses sustained to the premiums received by an insurance company
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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