Calculate the line loss ratio-expense ratio-dividend ratio

Assignment Help Financial Management

Reference no: EM131561660

A property–casualty insurer brings in $6.17million in premiums on its homeowners MP line of insurance. The line’s losses amount to $4,238,790, expenses are $1,523,990, and dividends are $104,890. The insurer earns $166,590 in the investment of its premiums. Calculate the line’s loss ratio, expense ratio, dividend ratio, combined ratio (after dividends), investment ratio, operating ratio, and overall profitability.

a. Loss ratio

b. Expense ratio

c. Dividend ratio

d. Combined ratio

e. Investment ratio

f. Operating ratio

g. Overall profitability

Reference no: EM131561660

Questions Cloud

Whats the simple payback period : A project is expected to generate a savings or profit improvement of $25,000/yr each for 4 years. Whats the simple payback period.

How would that income be measured : Can you explain how to determine whether gallery should treat the donation as income? Further if donation is treated as income, how would that income measured

Identify cyber security risk components : Describe the challenges and benefits of implementing a cyber security risk mitigation strategy for a real or fictional company.

Provide a brief description of your proposed system : Apply a systematic approach to translate requirements into an executable systems design - perform modeling to assist with analysis and decision making

Calculate the line loss ratio-expense ratio-dividend ratio : Calculate the line’s loss ratio, expense ratio, dividend ratio, combined ratio (after dividends), investment ratio, operating ratio, and overall profitability.

How the tables are interrelated through the use of graphics : Design a query that will allow the finance department to determine the commissions paid to specific employees of the sales department for the month of December.

Cost-cutting proposals-calculate the net present value : CSM Machine Shop is considering a four-year project to improve its production efficiency. Calculate the Net present value.

Conduct research on batch versus real-time processing : conduct research on batch versus real-time processing, and identify situations in which batch processing would be preferred over real-time processing

How does the company put safeguards in place : How do S corporations control the requirement of number of stock? How does the company put safeguards in place

User Account

All Pages