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you add your weighted premiums and divide by your weighted claims. (you do not weight the loss ratios )

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13y ago

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How is loss ratio calculated?

Loss Ratio in insurance is the ratio of total losses paid out in claims plus adjustment expenses divided by the total earned premiums. If an insurance company, for example, pays out $60 in claims for every $100 in collected premiums, then its loss ratio is 60%.


How is the Desired Loss Ratio Calculated?

The Desired Loss Ratio is calculated by dividing the total expected losses by the total earned premiums for a specific period. The formula is: Desired Loss Ratio = (Total Expected Losses) / (Total Earned Premiums). This ratio helps insurers assess the proportion of premium income that should be allocated to cover claims and is used to evaluate pricing adequacy and risk management strategies. A lower desired loss ratio indicates better profitability, while a higher ratio suggests greater risk exposure.


How is ratio calculated?

Loss Ratio in insurance is the ratio of total losses paid out in claims plus adjustment expenses divided by the total earned premiums. If an insurance company, for example, pays out $60 in claims for every $100 in collected premiums, then its loss ratio is 60%.


Why atomic mass of atom is defined as relative atomic mass?

It is calculated as the ratio of the mass of one atom of an element to one twelfth of the mass of an atom of carbon-12. In fact, the weighted average of the mass of an atom of an element - weighted according to its isotopic abundance.


Why atomic mass of an atom is define as relative atomic mass?

It is calculated as the ratio of the mass of one atom of an element to one twelfth of the mass of an atom of carbon-12. In fact, the weighted average of the mass of an atom of an element - weighted according to its isotopic abundance.


Why atomic mass of an atom is defined as relative atomic mass?

It is calculated as the ratio of the mass of one atom of an element to one twelfth of the mass of an atom of carbon-12. In fact, the weighted average of the mass of an atom of an element - weighted according to its isotopic abundance.


Why is atomic mass of an atom is defined as relative atomic mass?

It is calculated as the ratio of the mass of one atom of an element to one twelfth of the mass of an atom of carbon-12. In fact, the weighted average of the mass of an atom of an element - weighted according to its isotopic abundance.


What is the ratio of total output to a weighted average of inputs?

hibklu


What capital adequacy ratio rate by RBI?

apital adequacy ratio (CAR), also called Capital to Risk (Weighted) Assets Ratio (CRAR), is a ratio of a bank's capital to its risk. National regulators track a bank's CAR to ensure that it can absorb a reasonable amount of loss [2] and are complying with their statutory Capital requirement


What is a win to loss ratio?

A win loss ratio is to keep track of records for a season. Ex. 4:3 Ratio. the 4 is the win while the 3 is the loss airgo win loss ratio.


How are departmental rates calculated?

Departmental rates are calculated by dividing the weighted wage rate for the department by the number of employees.


What is the definition of 'weighted mean'?

"Weighted mean" is the average calculated by taking into account not only the frequencies of the variables but also some other factors such as their variance.