What Does Overall Operating Ratio Mean?
What does Overall Operating Ratio mean? Read on to discover the definition & meaning of the term Overall Operating Ratio - to help you better understand the language used in insurance policies.
Overall Operating Ratio
A ratio to show the insurer's pre-income tax profitability, taking into account investment income. It includes total expenses as a percent of total income, before adjustments for federal taxes.
We hope the you have a better understanding of the meaning of Overall Operating Ratio.
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