A core insurer profitability metric. A loss ratio above 100% means the insurer paid out more in claims than it took in for that line of business.
Glossary / Loss Ratio
Loss Ratio
Claims paid divided by premiums collected.
Claims paid divided by premiums collected.
A core insurer profitability metric. A loss ratio above 100% means the insurer paid out more in claims than it took in for that line of business.