Definition of loss ratio
: the ratio between insurance losses incurred and premiums earned during a given period
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Recent Examples of loss ratio from the Web
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Between the mentoring before and during the life of the loan and shrewd evaluations of ideas and of people, First Capital has a 2 percent loss ratio that any banker would envy, Anderson said.
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Insurers’ average medical loss ratio—the ratio of claims paid to premiums received—was about 75% in the first quarter of 2017, compared with 86% for first quarter of 2016 and 88% for the same period in 2015, the study found.
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This calls into question whether AIG can hit Mr. Hancock’s target of a loss ratio of 62% by the fourth quarter.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'loss ratio.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of loss ratio
1926
Law Dictionary
loss ratio
legal Definition of loss ratio
: the ratio between insurance losses incurred and premiums earned during a given period
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