1 2 3 4 5 7 8 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
La Lc Ld Le Li Ll Lm Lo Lp Lr Ls Lt Lu Lv Ly
Lo/ Loa Loc Log Lok Lon Loo Los Low Loy

Loss Conversion Factor

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A term used in a retrospective rating plan. It is a factor applied to the losses in the formula to give the insurer the funds needed to handle the investigation of claims.

Insurance Area: RAW

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