Problem #8 (Insurance Companies) A propertycasualty insurer brings in $6.25 million in premiums on its homeowners multiple peril line of insurance. The lines losses amount to $4,343,750, expenses are $1,593,750, and dividends are $156,250. The insurer earns $218,750 on the investment of its premiums. (a) Calculate the lines loss ratio. (b) Calculate the lines expense ratio. (c) Calculate the lines dividend ratio. (d) Calculate the lines combined ratio. (e) Calculate the lines investment ratio. (f) Calculate the lines operating ratio. (g) Calculate the lines overall profitability