Gross Insurance Service Ratio vs Gross Claims Ratio
Hi, could you help me understand the relationship between ISE and claims paid? Does ISE include claims paid? looks like both ratios can imply whether there is a favorable claim experience.
It looks like you're new here. If you want to get involved, click one of these buttons!
Hi, could you help me understand the relationship between ISE and claims paid? Does ISE include claims paid? looks like both ratios can imply whether there is a favorable claim experience.
Comments
Yes, ISE includes claims paid + other thing like the amortization of insurance acquisition cash which the gross claims ratio does not. But yes, in general both can be used to gauge favourable experience