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Definition | : | Incurred Claim Ratio |
Category | : | Business » Business Terms |
Country/ Region |
: | Worldwide
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Initialism
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Incurred Claim Ratio (ICR) is the ratio of the total amount of all claims received by an insurance company to the total premiums collected in the same duration of time.
The full form of ICR is Incurred Claim Ratio
Interest Coverage Ratio | Incurred Claim Ratio
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