loss ratio

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Related to Paid Loss Ratio: Actual Loss Ratios

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 ?
For example, an insurer would have greater knowledge about forthcoming rate increases that would affect the paid loss ratio.
Cash flow is strong and our paid loss ratio once again dropped below forty percent.
Our paid loss ratio for the year was once again under 40%, while total loss reserves increased by over $1 billion.