Loss Loading (multiplier)

Loss Loading (multiplier),

Loss Loading (multiplier) means,

  • The factor applied to the cost of net loss or expected loss to generate the premium rate. The rules apply to the insurance company's general expenses, profits and emergencies, which are included in the expected loss amount.

Literal Meanings of Loss Loading (multiplier)

Loss:

Sentences of Loss
  1. Avoid wasting time

Synonyms of Loss

overlooking, misplacement, mislaying, forgetting, dropping

Loading:

Meanings of Loading:
  1. Apply a load or mechanical force to an object.

  2. Use extra amounts of something to complement another element.

  3. Somehow (gun, engine, or truck) loaded.

Sentences of Loading
  1. The branches of the tree are reduced in cross section according to the load

Multiplier:

Meanings of Multiplier:
  1. Someone or something has increased.

Sentences of Multiplier
  1. He suggests that the people-based unemployment policy has significant consequences for other domestic workers, which is a kind of multiplier effect.

Loss Loading (multiplier),

What is The Definition of Loss Loading (multiplier)?

  • A simple definition of Loss Loading (multiplier) is: The factor applied to the cost of net loss or expected loss to obtain a premium rate. The multiplier applies to the insurer's general expenses, profits and emergencies, which are included in the annual loss amount.

Literal Meanings of Loss Loading (multiplier)

Loss:

Meanings of Loss:
  1. The fact or action of losing something or someone.

Synonyms of Loss

deprivation, reduction, disappearance, forfeiture, dissipation, losing, diminution, depletion, impoverishment, squandering, waste, privation, erosion

Loading:

Meanings of Loading:
  1. Increase in insurance premium due to high risk factors

  2. Somehow loaded (from a gun, engine, or truck).

  3. (Vehicles, ships, containers, etc.) Filled with a large number of objects.

  4. Carrying or storing large or excessive amounts of heavy objects (someone or something).

  5. Include additional costs (insurance premiums) to cover the growing risk factor.

Sentences of Loading
  1. They go to Kallis to load their cheap beer carts.

  2. Alien is loaded with grocery bags.

Synonyms of Loading

cram, charge, heap, stock, freight, pile, arm, stuff, prepare to fire/use, stack, fill, lade, fill up, prime, pack

Multiplier:

Meanings of Multiplier:
  1. One or more things have multiplied.

Loss Loading (multiplier),

How Do You Define Loss Loading (multiplier)?

Meaning of Loss Loading (multiplier): The factor that applies to the net loss value or the expected loss to get the premium rate. The multiplier applies to the insurer's general expenses, profits and emergencies, which are included in the annual loss amount.

Literal Meanings of Loss Loading (multiplier)

Loading:

Meanings of Loading:
  1. (Vehicles, ships, containers, etc.) is filled with a large quantity of something.

  2. Carrying or placing heavy or heavy objects (someone or something).

  3. Include additional costs (insurance premiums) to cover the increased risk factor.

Multiplier:

Meanings of Multiplier:
  1. Someone or something has grown.