Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,896,196,081 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

loss ratio
(redirected from Actual Loss Ratio)

   Also found in: Dictionary/thesaurus, Financial 0.01 sec.
loss ratio,
n the relationship between the money paid out in benefits and the amount collected in premiums.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Medical browser?   Full browser?
 
it]], where L/P is the loss ratio, Trend is a linear time trend variable, Age is the number of years that the cohort of contracts has been in effect, X is a vector of contractual characteristics that includes the expected loss ratio and lagged actual loss ratio, [(L/P).
Second, the catastrophic loss was computed as the difference between the actual loss ratio and the estimated loss ratio.
Thus, by chance a looser underwriting level could have better performance than the next underwriting level; this is demonstrated in Exhibit 4 which lists the expected loss ratio, actual loss ratio range, and expresses the expected loss ratio as a percentage of the number of policies.
 
 
 
Medical Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.