What was investment income ratio and overall operating ratio

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Reference no: EM131852450

JKL Insurance Company reported the following information on its accounting statements last year:

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Premiums Written $90,000,000

Loss Adjustment Expenses $5,000,000

Underwriting Expenses $30,000,000

Premiums Earned $100,000,000

Incurred Losses $70,000,000

Investment Income $10,000,000

1. What was JKL's loss ratio last year?

2. What was JKL's expense ratio last year?

3. What was JKL's combined ratio last year?

4. What was JKL's investment income ratio?

5. What was JKL's overall operating ratio?

Reference no: EM131852450

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