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Southern African Legal Information Institute (SAFLII)

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The Southern African Legal Information Institute (SAFLII) collects and publishes legal materials from Southern and Eastern Africa for free online access.

From The Glossary »

Loss Ratios:

Claims expressed as a percentage of premiums. Two ratios in common use are: _ Paid loss ratio – paid claims divided by written premiums; and _ Incurred loss ratio – incurred claims divided by earned premiums. Loss Ratio Stabilisation Cover. See stop loss reinsurance.
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