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Risk and Actuarial
Risk and Actuarial
8
Posts
1
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Types
Risk and Actuarial
Catastrophe Loss
Risk and Actuarial
Large event-driven accumulation of claims that materially affects insurer results.
Read more about Catastrophe Loss.
Risk and Actuarial
Combined Ratio
Risk and Actuarial
Underwriting performance measure comparing claim cost and expense to premium before investment income.
Read more about Combined Ratio.
Risk and Actuarial
Expense Ratio
Risk and Actuarial
Share of premium consumed by commissions and underwriting or operating expense.
Read more about Expense Ratio.
Risk and Actuarial
Frequency
Risk and Actuarial
How often claims occur within a defined exposure base and period.
Read more about Frequency.
Risk and Actuarial
Loss Ratio
Risk and Actuarial
Share of premium consumed by loss cost and related claim expense.
Read more about Loss Ratio.
Risk and Actuarial
Risk
Risk and Actuarial
Insurance concept covering both uncertainty of loss and the exposure being evaluated for that loss.
Read more about Risk.
Risk and Actuarial
Risk Management
Risk and Actuarial
Framework for identifying, controlling, retaining, or transferring loss exposures before claims occur.
Read more about Risk Management.
Risk and Actuarial
Severity
Risk and Actuarial
Average financial size of claims once losses occur.
Read more about Severity.