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To explain loss ratio we have to start by the factors included in a loss.
The loss factors are:
Claims paid plus
net reserves plus
incurred but not reported (IBNR) plus
provision for adverse deviation (PAD)
Total them and substract your total with
Total recoveries (actual +potential)
You now have the total loss.
Once we have these factors, we can divide the loss by the earned premium to obtain the ratio.
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What are the economic and environmental effect of flooding in sOUTH AFRICA?
Loss of crops and machinery
Among the factors that effect the climate in latin America are?
Elnino, Earthquakes, and volcanos.
When two factors are correlated a cause and effect relationship exists between the factors?
Nope, correlation simply links two factors together, while a cause and effect relationship finds that one factor causes change in the other. Generally, cause and effect is harder to establish and requires more clinical rigour (eg. with experiments).
What are perpetuating factors?
factors that maintain the symptoms of the disorder. 1. sense of a 'high', achievement and self-esteem boost that starvation can provide 2. congratulations from peers on weight loss
When two ratios are equal they form a?
Proportion
What two ratios measure factors that affect profitability?
what tw ratios measure factors
How are ratios and scale factors different?
Ratios show the information of the side lengths scale factors show the information of how they are related
How is a weighted loss ratio calculated?
you add your weighted premiums and divide by your weighted claims. (you do not weight the loss ratios )
Ratios of equal quantities are called factors?
Ye they are called factors but there are all different kinds of factors to decide from. :) hehehe smiley
What in chemical equations provide mole ratios that can be used as conversion factors?
Coefficients
What factors effect heat loss from a cup?
Factors that affect heat loss from a cup include the temperature difference between the cup's contents and the surroundings, the material and thickness of the cup, the presence of insulation, air movement around the cup, and the surface area of the cup in contact with the surroundings.
Effect of frequency in power loss?
Power loss in a system is directly proportional to frequency; as frequency increases, power loss also increases due to factors such as skin effect and dielectric losses. Higher frequency signals encounter increased resistance in conductors, leading to more power dissipation as heat. This effect is important to consider in high-frequency applications to ensure efficient and reliable operation.
Are phenotypic ratios are always the same as genotypic ratios?
No, phenotypic ratios are not always the same as genotypic ratios. Phenotypic ratios are based on the physical appearance of individuals, while genotypic ratios are based on the genetic makeup of individuals. Various factors such as dominance, incomplete dominance, and gene interactions can result in differences between phenotypic and genotypic ratios.
How do abiotic factors effect biotic factors?
how does tornados effect abiotic and biotics
Is deforestation a positive or negative effect?
It is a negative effect. The loss of trees in the forest, therefore the loss of forest can result in erosion, loss of habitat, etc.
Is accrued income effect Profit and Loss Account?
yes it do effect it should be credited in your profit and loss a/c
What simple ratios derived from the equality of two units are called?
Quite possibly, "conversion factors".
