A propertycasualty insurer brings in $7.27 million in premiums on its homeowners MP line of insurance. The lines losses amount to $4.592 million, expenses are
A propertycasualty insurer brings in $7.27 million in premiums on its homeowners MP line of insurance. The lines losses amount to $4.592 million, expenses are $1.29 million, and dividends are $117,000. The insurer earns $238,000 in the investment of its premiums. Calculate the lines loss ratio.
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
