The phrase "loss ratio" refers to the ratio between the amount of money an insurance company pays out in claims compared to the premiums it collects. It helps determine the profitability and risk of an insurance company. Full definition
It will lead to the continuation of loss ratios in the health portfolio. (policybazaar.com)
The Medical Loss Ratio assumes the remaining portion of premium payments are used for the overhead and other business expenses of the insurance company. (simplyinsured.com)
But that's because statistically there is more crime and a higher loss ratio in one zip code than in the other. (effectivecoverage.com)