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https://news.ycombinator.com/item?id=12557754 https://news.ycombinator.com/item?id=12557754 50% Loss ratio
by insurance_gal 10y ago
https://news.ycombinator.com/item?id=12557754 https://news.ycombinator.com/item?id=12557754
50% Loss ratio
- SmellTheGlove 10y agoI was talking about expense ratio, not loss ratio. Thought that was pretty clear in my post, but too late for me to edit. Also if expected losses really are 50%, are we really talking about a projected 70% combined ratio? Forgive my skepticism, but that's really hard to pull off, and there's going to be regulatory pressure to take rate if that happens with any consistency.