Sentences with phrase «claims paid divided»

The combined ratio in insurance is the sum of expenses and claims paid divided by premiums received.

Not exact matches

Peter Kellner finds that most of us think that Britain's welfare bill is too large, that they suspect millions of people of lying to claim benefits, and that we are divided on whether we can still afford to pay state pensions to the better - off

Reserves divide into two classes, those for the premium paid but not yet earned, and those for claims incurred.

Refinance just to take advantage of lower interest rates and you must claim points only in dribs and drabs over the loan's full term — by dividing what you paid in points by the number of monthly payments you will make over the life of the loan.

Now, My question is would I be eligible to claim the entire tax amount from 2016 - 17 period alongwith with the previoud interest paid (divided by 5) for 5 consecutive year, but max 2Lac only.

Or I shall forgo the interest paid during March 2016 and then divide the interest paid during FY 16 - 17 alone into 5 parts and start claiming that from now on in FY 17 - 18, apart from current year interest.

Same - sex couples in Canada have the same rights as heterosexual couples to marry or divorce, divide property, divide pensions, and claim or pay spousal support as heterosexual couples.

In such a term insurance plan, in the event of death, the claim amount is divided in equal installments and paid over a fixed period of time.

Claim Settlement Ratio = Total Claims Approved (paid to nominees) divided by Total Claims Received by the Company.

By dividing people into different risk classes, life insurance companies separate people based upon the odds of paying out a claim.

It is calculated as the total value of all claims paid by the company divided by the total amount of premium collected in a financial year.