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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The company reported a loss ratio of 148.0% for the quarter, compared to 82.0% in the same period last year, with the increase attributed to higher-than-expected loss experience. Quartz Bot, Quartz, 14 Nov. 2024 The increase in the loss ratio was primarily due to higher catastrophe losses from Hurricanes Helene and Beryl. Quartz Bot, Quartz, 7 Nov. 2024 The health care benefits business expected medical loss ratio of 95.2% in the third quarter, far above Wall Street’s estimate. Orianna Rosa Royle, Fortune, 18 Oct. 2024 June 04, 2024 The Insurtech firm Hippo was facing two big challenges related to climate change: major loss ratios and rate hikes. Harvard Business Review, 4 June 2024 See all Example Sentences for loss ratio 

Word History

First Known Use

1926, in the meaning defined above

Time Traveler
The first known use of loss ratio was in 1926

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 30 Nov. 2024.

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
Last Updated: - Updated example sentences
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