The two major components of expense risk for P&C insurers are

Name: The two major components of expense risk for P&C insurers are
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

Loss adjustment expenses and variations in commission and other expenses are the two major components of expense risk for P&C insurers. The combined ratio and premium ratio relate more to underwriting performance, while investment yield and premiums earned relate more to investment performance. The dividend ratio is not typically used as a measure of expense risk.

The Two Major Components of Expense Risk for P&C Insurers