1.Suppose the pure loss ratio is 80 per cent, the underwriting expense ratio is 27 per cent,...

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1.Suppose the pure loss ratio is 80 per cent, the underwriting expense ratio is 27 per cent, and investment yields are 11 per cent. Is the general insurer profitable?

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Financial Institutions Management A Risk Management

ISBN: 9781743073551

4th Edition

Authors: Helen Lange, Anthony Saunders, Marcia Millon Cornett

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