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

  • Joint and last survivor annuity ‐ noun: an annuity payable until the death of the…
  • Jalisco ‐ state of W Mexico, on the Pacific: 30,941 sq mi…
  • Shift lever ‐ noun: the lever mounted on the steering column…
  • Hand over fist ‐ easily and in large amounts; If you say that someone…
  • Coital exanthema ‐ noun: a common venereal disease affecting horses…
  • Blow someone's brains out ‐ To blow someone's brains out means to shoot them…
  • Green onion ‐ an immature onion with a long stalk and green…
  • Bullet ‐ a small ball or cone-shaped missile of lead, metal…
  • Dog leg ‐ noun: A dog leg is a part of a wellbore which…
  • Shock-horror ‐ A shock horror story is presented in a way that…