loss ratio

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Related to Actual Loss Ratios: Paid Loss Ratio

loss ratio,

n the relationship between the money paid out in benefits and the amount collected in premiums.
References in periodicals archive ?
Second, the catastrophic loss was computed as the difference between the actual loss ratio and the estimated loss ratio.
734 Relative volatility of expected loss ratio versus actual loss ratio is [sigma]([l.
Now suppose that the eastern seaboard of Florida was in fact severely hammered by hurricanes to an unexpected degree in the third quarter, causing the actual loss ratios for the company and the CBOT pool to be 10 percent and 9 percent, respectively.