loss ratio

noun

Definition of loss ratio

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

First Known Use of loss ratio

1926


Law Dictionary

loss ratio

noun loss ra·tio \ -ˈrā-ˌshō, -ˈrā-shē-ˌō \

legal Definition of loss ratio

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

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