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Insurance

August 17, 2018
PrintedOwl.com
In the business of insurance, the loss ratio is a snapshot ratio of claim losses to premiums, usually calculated for a one-year period. For example, if losses total $800,000 and collected premiums equal $1,000,000, the loss ratio is 800,000 to 1,000,000 or 80%. The loss ratio can be calculated with different components of premiums and claims.
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