3-92 What does the loss ratio measure in any particular year?
A) Payouts on policies to premiums earned.
B) Amount of premiums earned relative to the payout on policies.
C) Overall underwriting profitability of a line.
D) Loss adjustment expenses to premiums earned.
E) Commission and other acquisition costs to premiums written.
Correct Answer:
Verified
Q85: 3-88 The largest asset on property-casualty insurers'
Q86: 3-87 Which account refers to the reserve
Q87: 3-96 The operating ratio for a PC
Q88: 3-90 The decline in premium income from
Q89: 3-97 Calculate the annual cash flows of
Q91: 3-85 Which of the following is an
Q92: 3-98 Calculate the annual cash flows of
Q93: 3-91 Which of the following arises in
Q94: 3-83 Calculate the annual cash flows of
Q95: 3-99 Calculate the annual cash flows of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents