Definition
The attritional loss ratio represents the ratio of regular, routine claims (excluding major or catastrophe claims) to earned premiums. It reflects the everyday loss experience of an insurance portfolio.
Why it matters (in Poovi’s context)
This ratio offers insights into the fundamental profitability of an insurer’s book of business, separate from the impact of large, infrequent, and often volatile events. It’s a measure of core claims management.
Key properties or components
- Remained relatively stable at 47.9% in 2025 (from 47.1% in 2024).
Contradictions or debates
None.