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loss ratio

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loss ratio

 
Use loss ratio in a Sentence
–noun Insurance.
the ratio of the losses paid or accrued by an insurer to premiums earned, usually for a period of one year.
Origin:
1925–30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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loss ratio  
n.  The ratio between the premiums paid to an insurance company and the claims settled by the company.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: loss ra·tio
Pronunciation: -'rA-"shO, -'rA-shE-"O
Function: noun
: the ratio between insurance losses incurred and premiums earned during a given period
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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