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S/C

English translation: loss ratio

22:59 Jun 28, 2014
French to English translations [PRO]
Bus/Financial - Insurance
French term or phrase: S/C
This is used in a chart of "technical results" for an insurance company with the following headers:

Année
Branche
#de collectivités
Montant total des cotisations
S/C avant
S/C après
Gain S/C

Then there is a note "S/C brut de réassurance"
Timothy Rake
United States
Local time: 06:51
English translation:loss ratio
Explanation:
Please see the following links:
Explanation of 'S/C' in French: http://www.ceaantilles-assurances.fr/documentation/250
Explanation of equivalent term in English: http://www.investopedia.com/terms/l/loss-ratio.asp

The difference between the ratios of premiums paid to an insurance company and the claims settled by the company. Loss ratio is the total losses paid by an insurance company in the form of claims. The losses are added to adjustment expenses and then divided by total earned premiums. So if a company pays $80 in claims for every $150 in collected premiums, then the company has a loss ratio of 53%.
Selected response from:

James Greenfield
United Kingdom
Local time: 14:51
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2loss ratio
James Greenfield


Discussion entries: 3





  

Answers


55 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
loss ratio


Explanation:
Please see the following links:
Explanation of 'S/C' in French: http://www.ceaantilles-assurances.fr/documentation/250
Explanation of equivalent term in English: http://www.investopedia.com/terms/l/loss-ratio.asp

The difference between the ratios of premiums paid to an insurance company and the claims settled by the company. Loss ratio is the total losses paid by an insurance company in the form of claims. The losses are added to adjustment expenses and then divided by total earned premiums. So if a company pays $80 in claims for every $150 in collected premiums, then the company has a loss ratio of 53%.


James Greenfield
United Kingdom
Local time: 14:51
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  B D Finch
8 hrs
  -> thanks
agree  Nikki Scott-Despaigne
17 hrs
  -> thanks
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