English version

combined ratio

From Longman Business Dictionarycombined ratiocomˈbined ˌratioINSURANCE the ratio between the amount of money that an insurance company receives from customers in premiums, and the amount that it has to pay out when people make claimsA combined ratio above 100 indicates that the company is paying out more in claims and expenses than it is taking in premiums. ratio
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