Question
An insurance company collected $45.0 million in premiums and disbursed $47 million in losses. Loss adjustment expenses amounted to $3.0 million. The firm is profitable
An insurance company collected $45.0 million in premiums and disbursed $47 million in losses. Loss adjustment expenses amounted to $3.0 million. The firm is profitable
if dividends paid to policyholders is $6 million and income generated on investments is $8 million. if dividends paid to policyholders is $4 million and income generated on investments is $2 million. if dividends paid to policyholders is $7 million and income generated on investments is $4 million. if dividends paid to policyholders is $17 million and income generated on investments is $21 million. if dividends paid to policyholders is $17 million and income generated on investments is $23 million.
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