Question
ABC Inc. Insurance Company's Information from Income Statement in Millions of Dollars: Premiums Written 314 Premiums Earned 312 Investment Income 28 Net Losses 210 Loss-Adjustment
ABC Inc. Insurance Company's Information from Income Statement in Millions of Dollars:
Premiums Written 314
Premiums Earned 312
Investment Income 28
Net Losses 210
Loss-Adjustment Expenses 25
Total Underwriting Expenses 95
Using the above data, compute the 1. Loss Ratio 2.Expense Ratio 3. Combined Ratio 4.Investment Income Ratio
5. Overall Operating Ratio 6.Net Income Before
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