An insurance line has a loss ratio of 62 percent and an expense ratio of 35 percent; the firm pays 2 percent of premiums to policyholders as dividends and has an investment yield to premium ratio of 9 percent. The operating ratio for this line is
A) 86.
B) 90.
C) 95.
D) 106.
E) 109.
Correct Answer:
Verified
Q52: Q53: Why are P&C insurers dependent on investment Q54: Q55: An insurance line has a pure loss Q56: What three main sources of underwriter risk Q57: State Farm and other P&C insurers came Q59: A policyholder wishes to annuitize the cash Q60: What additional flexibilities are provided by variable Q61: Halliburton was allowed to bankrupt one of Q62: Why do P&C insurers place a large![]()
![]()
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