Question
An insurance company has $800 million in assets and $783 in liabilities at year end 2017. It also had $276 million in premium revenue, $95
An insurance company has $800 million in assets and $783 in liabilities at year end 2017. It also had $276 million in premium revenue, $95 million in investment income, $266 million in claims, and $24 million in operating/administrative expenses. What is the insurance companys combined ratio"?
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
