Comprehensive cost rate calculation formula

Comprehensive expense rate = current comprehensive expense ÷ current retained premium × 100%.

Comprehensive expense rate, namely "expense rate", is also called "comprehensive expense rate". The ratio between the net operating expenses of an insurance company and the premiums it receives. Net operating expenses include: operating expenses, handling fees, commission fees, business taxes and surcharges, reinsurance expenses and insurance protection funds, deducting amortized reinsurance expenses.