Loss Ratio. Claims divided by Net Earned Reserves, expressed as a percentage, as of the Calculation Date.
Loss Ratio. 7 2.47 MANAGING REPRESENTATIVE. . . . . . . . . . . . . . . . . . . . 7 2.48
Loss Ratio. Borrower shall not permit the Loss Ratio of the Regulated Insurance Subsidiaries, on a consolidated basis, to be greater than 80% at any time.”
Loss Ratio. Borrower shall not permit the Loss Ratio of the Regulated Insurance Subsidiaries, on a consolidated basis but excluding prior period development, calculated for the previous twelve-month period as of the last day of each fiscal quarter, to be greater than 80%.
Loss Ratio. FDC and DFC will cover Shared Transaction losses based on a 26% (FDC) / 74% (DFC) ratio (the “Cash/Guaranty MC Loss Ratio”).
Loss Ratio. The ratio of Net Losses to Net Premiums Written for all Insurance Subsidiaries, as of the last day of each fiscal year, on an Additive Basis, shall not exceed 70% for any one year or 65% for two consecutive years based on the Annual Statements filed with the FOIR.
13. The Loan Agreement is hereby amended further by deleting Section 6.11(d) and substituting in lieu thereof the following:
Loss Ratio. HFS shall cause AH to maintain the average of AH's Loss Ratio as of the end of any four (4) immediately preceding fiscal quarters of AH's operations at 87% or below.
Loss Ratio. AH is required to maintain the average of AH's Loss Ratio as of the end of any four (4) immediately preceding fiscal quarters of AH's operations not to exceed 87% or below. Calculate here:
Loss Ratio. 43 7.5 Consolidated Net Worth............................. 43 7.6
Loss Ratio. Borrower shall not permit the Loss Ratio with respect to the Commercial Lines to be greater than 65.0% as at the last day of any fiscal quarter of Borrower.
