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claims ratio

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  • ratio — the proportional relationship of one thing to another * * * ratio ra‧ti‧o [ˈreɪʆiəʊ ǁ ˈreɪʆoʊ] noun [countable] a relationship between two amounts that is represented by a pair of numbers showing how much greater one amount is than the other: •… …   Financial and business terms

  • Combined Ratio — A measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. A ratio below 100% indicates that the company is making underwriting profit while a ratio above 100% means that it is paying… …   Investment dictionary

  • List of works designed with golden ratio — Works designed with the golden ratio are works of human design that are proportioned according to the golden ratio, an irrational number that is approximately 1.618; it is often denoted by the Greek letter φ (phi).Early historyIt is claimed that… …   Wikipedia

  • Loss Ratio — The difference between the ratios of premiums paid to an insurance company and the claims settled by the company. Loss ratio is the total losses paid by an insurance company in the form of claims. The losses are added to adjustment expenses and… …   Investment dictionary

  • Loss ratio — in insurance is the ratio of total losses paid out in claims plus adjustment expenses divided by the total earned premiums. [Harvey Rubin, Dictionary of Insurance Terms, 4th Ed. Baron s Educational Series, 2000] If an insurance company, for… …   Wikipedia

  • Golden ratio — For the Ace of Base album, see The Golden Ratio (album). Not to be confused with Golden number. The golden section is a line segment divided according to the golden ratio: The total length a + b is to the length of the longer segment a as the… …   Wikipedia

  • Burning Cost Ratio — An insurance industry calculation of excess losses divided by total subject premium. The burning cost ratio is an experience based insurance rating method commonly used in determining rates for excess of loss reinsurance, or the insurance that… …   Investment dictionary

  • Medical care ratio — (MCR), also known as medical cost ratio, medical loss ratio, and medical benefit ratio, is a metric used in managed health care and health insurance to measure medical costs as a percentage of premium revenues.[1] It is a type of loss ratio,… …   Wikipedia

  • solvency ratio — ➔ ratio * * *    The level of an insurance company s spare capital in excess of its projected liabilities, effectively a measure of its financial health. There are often statutory minimum solvency margins, which are sometimes known as the… …   Financial and business terms

  • combined ratio — ➔ ratio * * * combined ratio UK US noun [C] INSURANCE ► a measure of the success of an insurance company, shown as the relationship between the amount of money it pays out and the amount it receives in payments: »The company s combined ratio… …   Financial and business terms

  • loss ratio — The total of the claims paid out by an insurance company, underwriting syndicate, etc. , expressed as a percentage of the amount of premiums coming in in the same period. For example, if claims total £2M and premiums total £4M, the result is a… …   Big dictionary of business and management

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