loss ratio

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loss ratio

n.
The ratio between the premiums paid to an insurance company and the claims settled by the company.

loss ratio

n
(Insurance) the ratio of the annual losses sustained to the premiums received by an insurance company

loss′ ra`tio


n.
the ratio of the losses paid by an insurer to premiums earned for a given period.
[1925–30]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.loss ratio - the ratio of the annual claims paid by an insurance company to the premiums received
ratio - the relative magnitudes of two quantities (usually expressed as a quotient)
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References in periodicals archive ?
5 in chart 1, the actual loss ratios are compared with the forecasts of loss ratios for the five lines of insurance in the experiment.
In particular, it is important to focus on the actual loss ratios, since the anticipated loss ratios match closely to the actual for virtually all companies.