法律英语词汇“BURNING COST RATIO”的翻译、意思、用法、释义-法律词典

单词	BURNING COST RATIO
释义	An insurance-industry calculation of excess losses divided by total subject premium. The burning cost ratio is an experience-based insurance-rating method commonly used in determining rates for excess of loss reinsurance, or the insurance that insurance companies buy to protect themselves against total claims that exceed their total premiums collected.
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