What is the claims ratio?
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Works at the International Monetary Fund, Lives in Washington, D.C., USA.
For insurance, the loss ratio is the ratio of total losses incurred (paid and reserved) in claims plus adjustment expenses divided by the total premiums earned.
2023-06-13 06:16:24
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Harper Roberts
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For insurance, the loss ratio is the ratio of total losses incurred (paid and reserved) in claims plus adjustment expenses divided by the total premiums earned.