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JKL Insurance Company reported the following information on its accounting statements last year: Premiums Written = $90,000,000; Loss Adjustment Expenses = $5,000,000; Underwriting Expenses = $30,000,000; Premiums Earned = $100,000,000; Incurred Losses = $70,000,000. What was JKL's combined ratio last year (in percentage)? 100.0 103.3 105.0 108.3