Question: A property casualty insurer brings in 5 55 million in premiums
A property–casualty insurer brings in $ 5.55 million in premiums on its homeowners multiple line of insurance. The line’s losses amount to $ 3,962,700, expenses are $ 1,526,250, and dividends are $ 333,000. The insurer earns $ 349,650 in the investment of its premiums. Calculate the line’s loss ratio, expense ratio, dividend ratio, combined ratio, investment ratio, operating ratio, and overall profitability.
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