The P&C loss ratio on an insurance line contains
I. payouts on claims.
II. brokerage commissions incurred to market the claims.
III. costs associated with settling claims.
IV. dividend payouts to policyholders.
A) I and II only
B) I,III,and IV only
C) I and III only
D) II and IV only
E) III and IV only
Correct Answer:
Verified
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