1. For last calendar year, two property insurers reported the following financial information for a same specific line of insurance: No 1 2 3 4 Items Premium written Expenses incurred Incurred Loss and Loss Adjustment expenses Earned Premium Insurer A $ 40,000,000 $18,000,000 $23,000,000 $27,000,000 Insurer B $45,000,000 $36,000,000 $20,000,000 $40,000,000 a. What is the loss ratio for this line of coverage at two insurers? b. Calculate the expense ratio of two insurers c. What is the combined ratio of two insurers? d. Evaluate and compare the financial performance of these two insurers.