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.
There has been over $35 billion invested in middle market businesses with a very little loss ratio. 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. Quartz Bot, Quartz, 14 Nov. 2024 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 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 Dec. 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
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!