loss ratio

noun

Definition of loss ratio

: 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

That compares to a loss ratio of about 62% across all property and casualty insurance, according to data compiled by the NAIC of insurers that report to them. Ars Technica, "The Extortion Economy: Insurance companies and the rise in ransomware attacks," 27 Aug. 2019 That compares to a loss ratio of about 62% across all property and casualty insurance, according to data compiled by the NAIC of insurers that report to them. Renee Dudley, ProPublica, "The Extortion Economy: How Insurance Companies Are Fueling a Rise in Ransomware Attacks," 27 Aug. 2019 This figure is known as the medical loss ratio, or MLR. Michael Hiltzik, Los Angeles Times, "Column: Why the short-term health plans Trump favors are cheap: They shortchange you on care," 12 Aug. 2019 However, during UnitedHealth’s earnings call, analysts focused on the insurance unit’s medical-loss ratio, which reflects the share of premiums that goes toward medical costs. Kimberly Chin, WSJ, "UnitedHealth Sales Rise Across Segments," 15 Jan. 2019 Anthem’s medical loss ratio, or the share of premiums spent on health costs, was slightly worse than analysts’ expectations for the third quarter, according to early notes from analysts. Anna Wilde Mathews, WSJ, "Anthem Reports Earnings Growth, Raises Outlook," 31 Oct. 2018 Medical loss ratios began to decline in 2016 and showed even more improvement last year, according to a January report by KFF researchers Cynthia Cox, Ashley Semanskee and Larry Levitt. Washington Post, "The Health 202: Half of Americans think Obamacare marketplaces are crumbling," 3 Apr. 2018 Their medical loss ratios, which is the share of premiums paid out as claims, have recently started to improve and their gross margins per member are also rising, according to an analysis last week from the Kaiser Family Foundation. Washington Post, "The Health 202: Democrats are no longer touting the benefits of Obamacare," 24 May 2018 Between the mentoring before and during the life of the loan and shrewd evaluations of ideas and of people, First Capital has a 2 percent loss ratio that any banker would envy, Anderson said. Jane Ford-stewart, Milwaukee Journal Sentinel, "American Indians come to Hales Corners with ideas and business savvy," 9 Jan. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'loss ratio.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of loss ratio

1926, in the meaning defined above

Keep scrolling for more

Keep scrolling for more

More Definitions for loss ratio

loss ratio

noun
loss ra·​tio | \ -ˈrā-ˌshō, -ˈrā-shē-ˌō\

Legal Definition of loss ratio

: the ratio between insurance losses incurred and premiums earned during a given period