Just need the answers please I will upvote

Which of the following statements is (are) CORRECT? The combined ratio indicates whether the firm is making or losing money on the underwriting business alone. O If the combined ratio is greater than 1, the firm may still be profitable overall. O Both 1st and 2nd statement above ONeither 1st nor 2nd statement above LMN Insurance Company is concerned about its exposure to hurricane losses for property risks it insured on the Gulf Coast. LMN borrowed money from investors by issuing financial securities. LMN promised to repay the money it borrowed with interest if hurricane losses do not exceed a specified level. If hurricane losses exceed the specified level, LMN will repay less than it borrowed and use the extra money to fund hurricane losses. The securities that LMN issued are: O Call options Futures contracts O Weather options O Catastrophe bonds The exclusion of flood in a homeowners policy is an example of an: O Excluded condition O Excluded property OExcluded activity O Excluded peril Which of the following statements is (are) CORRECT? The combined ratio indicates whether the firm is making or losing money on the underwriting business alone. O If the combined ratio is greater than 1, the firm may still be profitable overall. O Both 1st and 2nd statement above ONeither 1st nor 2nd statement above LMN Insurance Company is concerned about its exposure to hurricane losses for property risks it insured on the Gulf Coast. LMN borrowed money from investors by issuing financial securities. LMN promised to repay the money it borrowed with interest if hurricane losses do not exceed a specified level. If hurricane losses exceed the specified level, LMN will repay less than it borrowed and use the extra money to fund hurricane losses. The securities that LMN issued are: O Call options Futures contracts O Weather options O Catastrophe bonds The exclusion of flood in a homeowners policy is an example of an: O Excluded condition O Excluded property OExcluded activity O Excluded peril