Loss Rate

Loss Rate,

Loss Rate Definition:

  • The level of damage is damage. It is important for insurance companies to have a solid understanding of the loss ratio of their policyholders. These costs will have a dramatic effect on the insurer's eligibility. If it is too much, the insurance will not make a profit.

Literal Meanings of Loss Rate

Loss:

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

Sentences of Loss
  1. Avoid wasting time

Synonyms of Loss

overlooking, misplacement, forgetting, dropping, mislaying

Rate:

Meanings of Rate:
  1. Set a pattern or value for a particular scale (object).

  2. Think of it as a particular quality, standard or area.

  3. A measure, quantity or frequency that is usually measured in relation to another quantity or unit of measure.

  4. Scolding (someone) in anger

Sentences of Rate
  1. This event was considered a great success.

  2. Promotion price

Synonyms of Rate

price, assess, estimate, gauge, weigh up, judge, tariff, deem to be, consider to be, amount, appraise, outlay, cost, fare, calculate, put a value on, evaluate, measure, compute, hire, charge, hold to be, figure, value, judge to be, think to be, find to be

Loss Rate,

Loss Rate Definition:

The level of damage is the frequency of losses. It is important that insurers have a solid understanding of the loss ratio of their policyholders. These costs will have a dramatic effect on the insurer's operations. If it is too much, the insurer cannot operate profitably.

Literal Meanings of Loss Rate

Loss:

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

Synonyms of Loss

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

Rate:

Meanings of Rate:
  1. A measure, quantity or frequency that is usually measured in relation to another quantity or measure.

  2. A fixed price is paid or charged for something.

  3. Set a pattern or value for a specific scale (object).

  4. Correct spelling

  5. Soak (linen or linen) in water to soften it.

Sentences of Rate
  1. Minimum hourly rate 40 3.40

  2. They were asked to assess their abilities in various driving techniques.

  3. Atkinson considers him the best defender in Europe.

  4. Judging this young man for his disrespect.

  5. Cannabis was removed and used as hemp to make clothes.

Synonyms of Rate

mark down as, esteem, adjudge, damage, toll, grade, fee, count, account, reckon to be, payment, wage, tax, pay, categorize, classify, position, regard, remuneration, rank, class