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The ERT Insurance Company just released its underwriting results for the current period. They show the following information: Written premiums $25 million Earned premiums
The ERT Insurance Company just released its underwriting results for the current period. They show the following information: Written premiums — $25 million Earned premiums — $20 million Incurred losses and loss adjustment expenses — $15 million Incurred underwriting expenses — $5 million What is ERT's combined ratio for the current period? Available answer options Select only one option A 0.75 B 0.80 C 0.95 D 1.00
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