combined ratio
noun[C]
INSURANCEukusameasureof thesuccessof aninsurancecompany,shownas therelationshipbetween theamountofmoneyitpaysout and theamountitreceivesinpayments:
The company'scombinedratiospikedto astaggering140%: for everydollarinpremiumsthat came in, itpaidout $1.40 inclaimsandexpenses.