单词 | combined ratio |
释义 | combined ratio in Insurance (kəmbaɪnd reɪʃoʊ) Word forms: (regular plural) combined ratios noun (Insurance: Claims) The combined ratio of an insurer or a reinsurer is the combination of its loss ratio and expense ratio. A combined ratio of less than 100 percent indicates underwriting profitability, while anything over100 indicates an underwriting loss. A decrease in the combined ratio means financial results are improving; an increase means they are deteriorating. The combined ratio of an insurer or a reinsurer is the combination of its loss ratio and expense ratio. |
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