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An insurance company's financial statements are as follows: Earned Premium: $ 1 , 0 0 0 Written Premium: $ 1 , 4 0 0 Incurred

An insurance company's financial statements are as follows:
Earned Premium: $1,000
Written Premium: $1,400
Incurred Losses (including loss adjustment expenses): $700
Underwriting Expenses: $350
Dividends: $175
What is the insurance company's combined ratio?

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