Solution-Compute the loss ratio and expense ratio

Compute the loss ratio and expense ratio

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Reference no: EM133111706

Question - ABC Inc. Insurance Company's Information from Income Statement in Millions of Dollars:

Premiums Written 314

Premiums Earned 312

Investment Income 28

Net Losses 210

Loss-Adjustment Expenses 25

Total Underwriting Expenses 95

Required - Using the above data, compute the 1. Loss Ratio 2. Expense Ratio 3. Combined Ratio 4. Investment Income Ratio 5. Overall Operating Ratio 6. Net Income Before.

Reference no: EM133111706

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Compute the loss ratio and expense ratio

Reference no: EM133111706

Reference no: EM133111706

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