User Account

All Pages

Calculate the line loss ratio and expense ratio

Assignment Help Finance Basics
Reference no: EM131633143

Question: A property-casualty insurer brings in $6.25 million in premiums on its homeowners MP line of insurance. The line's losses amount to $4,343,750, expenses are $1,593,750, and dividends are $156,250. The insurer earns $218,750 in the investment of its premiums. Calculate the line's loss ratio, expense ratio, dividend ratio, combined ratio, investment ratio, operating ratio, and overall profitability.

Reference no: EM131633143

Questions Cloud

Analysis of the tradeoffs : In what ways would it have provided for a less desirable system? Based on your analysis of the tradeoffs involved, do you agree with the critic?
What is the coupon rate : The bond has a face value of $1000, pays $50 in coupons each year, and has a yield to maturity of 7%. What is the coupon rate?
Prepare the journal entry to record the issuance : On January 1, 2014, Lock Corporation issued $1,800,000 face value, Prepare the journal entry to record the issuance of the bonds on January 1, 2014
Discuss how much money the ncaa sports system generates : is to begin drafting your academic argumentative research paper. It includes both an introduction
Calculate the line loss ratio and expense ratio : A property-casualty insurer brings in $6.25 million in premiums on its homeowners MP line of insurance. The line's losses amount to $4,343,750, expenses are $1.
Which of two distributors would maintain higher inventories : Explain once they have reached $1,000,000 in sales, which of the two distributors would maintain higher inventories?
At is the impact on importers to the us from the eu : If this happens, what is the impact on importers to the U.S. from the EU and on exporters from the U.S. to the EU?
Moneygram to pay attention to business processes : Why was it so important for moneygram to pay attention to business processes? how were they related to the company global growth plans ?
What is the net profitability in dollars : An insurance company collected $3.6 million in premiums and disbursed $1.96 million in losses. Loss adjustment expenses amounted to 6.6 percent.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd