loss ratio

noun

: the ratio between insurance losses incurred and premiums earned during a given period

Examples of loss ratio in a Sentence

Recent Examples on the Web In the third quarter of this year, UnitedHealth’s net profit increased by more than 11%, to more than $5.8 billion, the company reported Friday. advertisement UnitedHealthcare, the health insurance division of the conglomerate, registered a medical loss ratio of 82.3% in the quarter. Bob Herman Reprints, STAT, 13 Oct. 2023 In recent months, legislators in Nevada, Colorado, and New Mexico passed dental loss ratio bills, according to the American Association of Endodontists. Globe Staff, BostonGlobe.com, 13 Aug. 2023 The extensive hand-holding has helped keep program participants’ loss ratio — the share of contracts not fulfilled — at less than 0.5%, well below the industry loss ratio of about 20%, Merriwether said. Jon Healey, Los Angeles Times, 10 July 2023 As a result its motor loss ratio is expected to have risen around 6% last year. Royston Wild, Forbes, 11 Jan. 2023 The slight miss is being driven by a medical loss ratio of 82.6%, which came in higher than the analyst consensus of 82.3%. David Wainer, WSJ, 29 Nov. 2022 And Sun Life spokeswoman Cynthia Michener said her company believes that imposing the 83-percent dental loss ratio would drive up costs for dental insurers. Jon Chesto, BostonGlobe.com, 30 Oct. 2022 To put it simply: lower medical loss ratio, higher profits for the insurer. Nick Fuller Googins, Men's Health, 17 Aug. 2022 Within weeks he will be judged by his win-loss ratio, fated to face the same comparisons as the 11 other unfortunates who have stood behind center since former Broncos QB Peyton Manning rode off into the sunset in 2016. Joe Lindsey, Outside Online, 3 Aug. 2022 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'loss ratio.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1926, in the meaning defined above

Time Traveler
The first known use of loss ratio was in 1926

Dictionary Entries Near loss ratio

Cite this Entry

“Loss ratio.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/loss%20ratio. Accessed 8 Dec. 2023.

Legal Definition

loss ratio

noun
loss ra·​tio
-ˈrā-ˌshō, -ˈrā-shē-ˌō
: the ratio between insurance losses incurred and premiums earned during a given period
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!