An insurance company's projected loss ratio is 77.5 percent, and its loss adjustment expense ratio is 12.9

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An insurance company's projected loss ratio is 77.5 percent, and its loss adjustment expense ratio is 12.9 percent. It esti- mates that commission payments and dividends to policy- holders will add another 16 percent. What is the minimum yield on investments required in order to maintain a positive operating ratio? (LG 15-6)

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Financial Markets And Institutions

ISBN: 9780078034664

5th Edition

Authors: Anthony Saunders, Marcia Cornett

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