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Milwaukee Specialty Insurance Company has had a very bad financial year. There were many icy days in Milwaukee this winter, and the company has had
Milwaukee Specialty Insurance Company has had a very bad financial year. There were many icy days in Milwaukee this winter, and the company has had to pay more claims than usual. Given the following data, please calculate the combined ratio for MSIC: Earned premiums: $122 million Incurred Losses: \$95 million Investment Income: \$4 million Incurred Expenses: \$25 million Question 10 2 pts Using the information from the prior question, what is the company's pre-tax profit in millions of dollars
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