Question: A property casualty insurer brings in 6 25 million in premiums
A property–casualty insurer brings in $ 6.25 million in premiums on its homeowners MP line of insurance. The line’s losses amount to $ 4,343,750, expenses are $ 1,593,750, and dividends are $ 156,250. The insurer earns $ 218,750 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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