Given the following financial data, calculate the insurer's premium-to-surplus ratio.

	Written premium		$5,000,000		Cash and invested assets		$6,000,000
	Earned premium		$4,500,000		Unearned premium reserve		$3,000,000
	Net income		$100,000		Reinsurance recoverables		$500,000
	Loss and loss expense incurred		$4,700,000		Losses and loss adjustment expense payable		$1,000,000
	Underwriting expense incurred		$1,500,000		Provision for Reinsurance		$2,000,000
	Investment Income		$2,000,000		Surplus		$6,000,000

Available answer options

Select only one option

A

0.41

B

0.50

C

0.75

D

0.83