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14. The following information pertains to a property and casualty (P&C) insurance company: Investment income 5% Dividends 2% Loss ratio 74% Expense ratio 23% Based

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14. The following information pertains to a property and casualty (P&C) insurance company: Investment income 5% Dividends 2% Loss ratio 74% Expense ratio 23% Based on the information provided, what is this company's operating ratio? A. 90% B. 94% C. 97% D. 99%

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