Title 42

SECTION 403.250

403.250 Loss ratio calculations: General provisions.

§ 403.250 Loss ratio calculations: General provisions.

(a) Basic formula. The expected loss ratio is calculated by determining the ratio of benefits to premiums.

(b) Calculations. The insuring organization must calculate loss ratios according to the provisions of §§ 403.251, 403.253, and 403.254.

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