|
Definition of Loss ratio
1. Noun. The ratio of the annual claims paid by an insurance company to the premiums received.
Lexicographical Neighbors of Loss Ratio
Literary usage of Loss ratio
Below you will find example usage of this term as found in modern and/or classical literature:
1. The American Year Book: A Record of Events and Progress by Francis Graham Wickware, (, Albert Bushnell Hart, (, Simon Newton Dexter North, William M. Schuyler (1915)
"The loss ratio remains at the same figure as in 1912, namely, 45 per cent.
In health insurance, however, the loss ratio shows a decline of 2 per cent., ..."
2. The Insurance Year Book by Spectator Company (New York, N.Y.) (1916)
"$cv loss ratio 11.5 per cent. The automobile and teams property damage ...
loss ratio 39.2 per cent. The workmen's collective premiums written by 24 ..."
3. The Insurance Year Bookby Spectator insurance yearbook by Spectator insurance yearbook (1917)
"The loss ratio was the lowest of any one of the eighty- six companies included
in this tabulation, being only 8.8 per cent, but the expense ratio was 92 per ..."
4. Insurance: Principles and Practices by Robert Riegel, Harry James Loman (1921)
"The actual loss ratio method consists in ascertaining from past experience the
... The fixed loss ratio method substitutes for the loss ratio of actual ..."
5. Insurance, Principles and Practices by Robert Riegel, Henry James Loman (1922)
"The actual loss ratio method consists in ascertaining from past experience the
... A similar loss ratio is then assumed for the policies under consideration ..."
6. Accounting Theory and Practice by Roy Bernard Kester (1918)
"Thereafter further instalment payments are made in the profit and loss ratio,
not because it is the profit and loss ratio but because now the capital ratios ..."