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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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 Whether the high losses are worth it to the general staff in Kyiv depends on the invasion’s objectives—and whether the loss ratio flips as the Kursk campaign develops. David Axe, Forbes, 17 Aug. 2024 In the real world during 2012 to 2015, the loss ratios over the large insurance industry ranged from 56.4% to 69.6% depending on the year. Jay Adkisson, Forbes, 10 Feb. 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 14 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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