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Question 9 9. Which of the following statements about financial ratios is (are) true? 1. A combined ratio greater than 1 means an underwriting loss

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Question 9 9. Which of the following statements about financial ratios is (are) true? 1. A combined ratio greater than 1 means an underwriting loss has occurred. II. A liquidity ratio less than 1 means an insurer can meet its obligations as they come due. a. I only b. ll only c. Both I and I d. Neither I nor 11 6 Od Previous MacBook A 0 F2 20 F

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