Question
Compute the combined ratio for ABC Company: Premium - $1,000 Assess Fees - $50 Underwriting Expenses - $250 Paid Losses - $600 Investment Dividends -
Compute the combined ratio for ABC Company:
Premium - $1,000
Assess Fees - $50
Underwriting Expenses - $250
Paid Losses - $600
Investment Dividends - $125
Formular:
the combined ratio is the sum of the loss ratio and the expense
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Authors: Daisy Luther
1st Edition
1631586009, 978-1631586002
