What does Loss Ratio Method mean? Read on to discover the definition & meaning of the term Loss Ratio Method - to help you better understand the language used in insurance policies.
Loss Ratio Method
The loss ratio method is a way to calculate how much money an insurance company makes relative to the benefits that it has to pay out. It is used to determine an insurance company's financial health.
We hope the you have a better understanding of the meaning of Loss Ratio Method.