An insurance companys projected loss ratio is 77.5 percent and its expense ratio is 23.9 percent. The
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An insurance company’s projected loss ratio is 77.5 percent and its expense ratio is 23.9 percent. The company estimates that dividends to policyholders will be 5 percent. What must be the minimum yield on investments to achieve a positive operating ratio?
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Related Book For
Financial Institutions Management A Risk Management Approach
ISBN: 978-1259717772
9th edition
Authors: Anthony Saunders, Marcia Millon Cornett
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