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loss ratio

   Also found in: Medical, Financial, Acronyms 0.02 sec.
loss ratio
n.
The ratio between the premiums paid to an insurance company and the claims settled by the company.

loss ratio
n
(Business / Insurance) the ratio of the annual losses sustained to the premiums received by an insurance company
ThesaurusLegend:  Synonyms Related Words Antonyms
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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? Mentioned in ? References in periodicals archive
 
As insurers know less about a new business risk than a renewed risk, it may take several years for new business loss ratios to reach the more favorable loss ratio levels of the renewal book of business.
``Their loss ratios were much higher, so combined, our loss ratio has gone up.
Softening motor insurance market conditions were evident as the loss ratio of the top 20 insurers increased in 2005.
 
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