For the past calendar year, Delmon Insurance reported the following financial information for a specific line of insurance:

Net Investment Income

$6,597,008

Incurred Losses

$100,688,325

Underwriting expenses

$51,857,645

Earned Premiums

$164,925,200

Loss Adjustment Expenses

$21,356,323

Premiums Written

$166,750,500

A. Calculate Loss ratio (0.5 Marks)

B. Calculate Expense ratio (0.5 Marks)

C. Calculate Net investment income ratio (0.5 Marks)

D. Delmon Insurances combined ratio for the year? (0.5 Marks)

E. Delmon Insurances overall operating ratio for the year? (0.5 Marks)

F. What conclusions can you reach about their performance? (0.5 Marks)

For the past calendar year, Delmon Insurance reported the following financial information for a specific line of insurance: Net Investment Income Incurred Losses Underwriting expenses Earned Premiums Loss Adjustment Expenses Premiums Written S6,597,008 $100,688,325 $51,857,645 $164.925,200 S21,356,323 S166,750,500 A. Calculate Loss ratio (0.5 Marks) 3. Calculate Expense ratio (0.5 Marks) 4. Calculate Net investment income ratio (0.5 Marks) D. Delmon Insurance's combined ratio for the year? (0.5 Marks) E. Delmon Insurance's overall operating ratio for the year? (0.5 Marks) F. What conclusions can you reach about their performance? (0.5 Marks)