loss ratio
loss ratio definition - business
loss ratio
- In insurance, the ratio of claims paid to premiums received. A loss ratio of 1.25 results from paying $500,000 in claims while receiving only $400,000 in premiums.
- In lending, the proportion of nonperforming loans in a loan portfolio.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Comments
Improve this definition.
Share on Facebook