Burning-Cost Ratio
Categories: Metrics, Company Management
Wouldn't it be cool if there was an insurance industry Burning Man? If there was, then this'd be it.
But ok, ok...even insurance companies need to take out insurance policies at times. In a year of hurricanes, volcanoes, and floods, blight, rivers of blood, perpetual darkness, frogs, and so on...sometimes the amount of claims filed exceeds the premiums customers paid. So insurance companies take out a policy called “reinsurance” to cover any shortfalls during a catastrophic year.
The burning-cost ratio is a rating method they use to determine how much reinsurance they should buy based on past claims experience. They simply divide the amount of excess losses by total premiums to get the ratio. The more claims data available, the more accurate the burning-cost ratio will be.
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Finance allah shmoop what is a business plan Well think
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and how it recharges and stuff like that That's the
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country knows about it All right Well then there are
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that stamps out the carriage The blades of the battery
Well if you sell a hundred units a month you
make what What should they be Priced at fifty grand
Each one hundred two hundred fifty grand if you sell
Ten thousand a month Well how much do you make
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get through your first two years and then how much
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to get to break even profitability and and so on
Is there a ny po in the future Yeah yeah
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