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Can Odds Be Negative

Author:Football Prediction SiteDec 28, 2021, 15:11:07Read times
DescriptionLoss rate refers to the percentage of compensation expenditures to premium income in a certain accounting period. The formula is expressed as: loss ratio = (indemnity expenditure premium income) 100%. However, in practice, the payout ratio c
Loss rate refers to the percentage of compensation expenditures to premium income in a certain accounting period. The formula is expressed as: loss ratio = (indemnity expenditure ÷ premium income) × 100%. However, in practice, the payout ratio calculated by this formula is seriously distorted and cannot faithfully reflect the extent of losses caused by disasters and accidents that occurred during that period, nor can it provide accurate information for future risk control.
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