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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.

loss ratio

noun

  1. the ratio of the annual losses sustained to the premiums received by an insurance company

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Word History and Origins

Origin of loss ratio1

First recorded in 1925–30

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petrichor

[pet-ri-kawr]

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