Worldscope Database Datatype Definitions Guide

Loss Adjustment Expense
Issue 6
Alphabetical List of Field Definitions - L
Supplementary (Expense) Data, Annual & Interim Item; Field 01078
Insurance Companies:
LOSS ADJUSTMENT EXPENSE represents the cost involved in an insurance company’s adjustment of
losses under a policy.
This item is available in the annual time series and the quarterly, cumulative quarterly, semi-annual, trimester
and cumulative trimester interim time series. It is only available at the company level.
Loss Ratio
Profitability Ratio, Annual Item; Field 15549
Insurance Companies:
(Claim & Loss Expense + Long Term Insurance Reserves) / Premiums Earned * 100
Loss Ratio - 5 Yr Avg
Profitability Ratio, Annual Item; Field 15552
Insurance Companies:
Arithmetic average of the last five years of Loss Ratios
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