Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A measure of the overall underwriting profitability of a line; equals to loss ratio plus the ratios of loss adjusted expense to premiums earned as

image text in transcribed
A measure of the overall underwriting profitability of a line; equals to loss ratio plus the ratios of loss adjusted expense to premiums earned as well as the commission and other acquisition costs to premiums written plus any dividends paid to policy holders as a proportion to premiums earned is called:. Frequency of Loss Unearned Premium Long Tail Ratio Combined Ratio Loss Ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Urban Public Finance

Authors: D. Wildasin

1st Edition

0415851882, 978-0415851886

More Books

Students also viewed these Finance questions

Question

What are the role of supervisors ?

Answered: 1 week ago