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The financial office at First Central Insurance Company is completing the year-end financial report (3 Points) The company posted the following results: Incurred expenses $200,000
The financial office at First Central Insurance Company is completing the year-end financial report (3 Points) The company posted the following results: Incurred expenses $200,000 Incurred losses and LAE $320,000 Earned premiums $500,000 Net investment earnings $25,000 Calculate the following: Loss Ratio Expense Ratio Combined Ratio Operating Ratio The financial office at First Central Insurance Company is completing the year-end financial report (3 Points) The company posted the following results: Incurred expenses $200,000 Incurred losses and LAE $320,000 Earned premiums $500,000 Net investment earnings $25,000 Calculate the following: Loss Ratio Expense Ratio Combined Ratio Operating Ratio
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