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EN QUESTION 20 ARJAM Insurance Company has an overall operating ratio of 1.2, based on this which of the following statements is true? O ARJAM

EN QUESTION 20 ARJAM Insurance Company has an overall operating ratio of 1.2, based on this which of the following statements is true? O ARJAM in profitable The market has an overall operating ratio is 0.9, this means ARJAM is better than the market. It's closest competitor has an overall operating ratio of 1.9, this means ARJAM is worse than this competitor None of the above are true

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