Insurance loss ratio API

Compute the loss ratio = (incurred losses + loss-adjustment expenses) ÷ earned premium, the core P&C claims-cost metric, with a rating bucket. Deterministic actuarial ratio. Answers 'what is the loss ratio', 'incurred losses over earned premium', 'claims ratio', 'is this loss ratio good'.

Price$0.01per request

MethodPOST

Route/v1/calc/ins-loss-ratio

StatusLive

MIME typeapplication/json

Rate limit120/minute

CacheNo cache

calcinsuranceloss-ratioactuarialunderwritingpandcratioclaims

API URLhttps://x402.hexl.dev/v1/calc/ins-loss-ratio

Integration docs

Example request

{
  "incurredLosses": 600000,
  "lossAdjustmentExpenses": 50000,
  "earnedPremium": 1000000
}

Example response

{
  "metric": "loss ratio",
  "lossRatio": 0.65,
  "lossRatioPercent": 65,
  "rating": "good",
  "inputs": {
    "incurredLosses": 600000,
    "lossAdjustmentExpenses": 50000,
    "earnedPremium": 1000000
  }
}

Input schema

{
  "type": "object",
  "required": [
    "incurredLosses",
    "earnedPremium"
  ],
  "properties": {
    "incurredLosses": {
      "type": "number",
      "examples": [
        600000
      ]
    },
    "lossAdjustmentExpenses": {
      "type": "number",
      "examples": [
        50000
      ]
    },
    "earnedPremium": {
      "type": "number",
      "examples": [
        1000000
      ]
    }
  }
}

Output schema

{
  "type": "object",
  "additionalProperties": true
}