What does the loss ratio measure? What has been the long-term trend of the loss ratio? Why?

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:41 AM

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What does the loss ratio measure? What has been the long-term trend of the loss ratio? Why?

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The loss ratio measures the actual losses incurred on a line of in...View the full answer

Financial Markets and Institutions

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