Meaning Of The Word Loss ratio

Real Dictionary

What's the definition of Loss ratio? Find Loss ratio meanings, definitions and more at the Real Dictionary online.

Loss ratio Meaning

Loss ratio Definition
Loss ratio Definition

What's The Definition Of Loss ratio?

loss ratio in American English
the ratio between the losses incurred and the premiums earned by an insurance company during a specified time
noun: the ratio of the losses paid or accrued by an insurer to premiums earned, usually for a period of one year

loss ratio in British English
noun: the ratio of the annual losses sustained to the premiums received by an insurance company

loss ratio in Insurance
noun: A loss ratio is the amount of money that an insurance company pays out in one year, divided by the amount of money that it receives in premiums.

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Projection TV ‐ a system made up of lenses, mirrors, and a cathode-ray…
  • Infusionism ‐ the doctrine that the preexisting human soul enters…
  • Storyteller ‐ a person who narrates stories; countable noun:…
  • Arse around ‐ If you say that someone is arsing around or arsing…
  • Perforce ‐ by or through necessity; necessarily; Perforce…
  • Absolute configuration ‐ noun: the spatial arrangement of atoms or groups…
  • Animal cracker ‐ a small cookie shaped like any of various animals…
  • Navar ‐ noun: a system of air navigation in which a ground…
  • The Beaver State ‐ a nickname for the state…
  • Dardanelles ‐ strait joining the Sea of Marmara and the Aegean…