保险英语专业词汇（2）
——Four dimensions of loss exposure

1. Loss frequency:

The number of losses (fires, auto accidents, liability claims) within a specified time period.

2. Loss severity

The amount, in dollars, of a loss for a specific occurrence

3. Total dollar losses

The total dollar amount of losses for all occurrences during a specific time period

4. Timing

When losses occur and when loss payments are made. The time interval between loss occurrence and a loss payment can be lengthy.