loss ratio

Also found in: Medical, Financial, Acronyms

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loss ratio

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

loss ratio

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

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Noun

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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