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loss ratio
noun
: the ratio between insurance losses incurred and premiums earned during a given period
Examples of loss ratio in a Sentence
Recent Examples on the Web
The big picture: Insurers keep reporting higher-than-expected medical loss ratios in their earnings calls, meaning that enrollees are still spending more than expected on care years after the acute phase of the pandemic ended.
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Caitlin Owens, Axios, 7 Feb. 2025
This amount represents a discount from the lowest loss ratio supported by available data.
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Jay Adkisson, Forbes, 18 Jan. 2025
There has been over $35 billion invested in middle market businesses with a very little loss ratio.
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Fred Hubler, Forbes, 3 Dec. 2024
Kingstone's net loss ratio improved to 39.0% from 78.5% in the previous year, driven by lower catastrophe losses and favorable prior year reserve development.
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Quartz Bot, Quartz, 14 Nov. 2024
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Word History
First Known Use
1926, in the meaning defined above
Dictionary Entries Near loss ratio
Cite this Entry
“Loss ratio.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/loss%20ratio. Accessed 18 Feb. 2025.
Legal Definition
loss ratio
noun
loss ra·tio
-ˈrā-ˌshō, -ˈrā-shē-ˌō
: the ratio between insurance losses incurred and premiums earned during a given period
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