A company have this information Incurred losses a $100,000 Loss Adjustment Expenses $10,000 Premium Earned Premium Written $150,000 Underwriting Expenses $15,000 Net investment income $20000 A Find 1 Loss Ratio 2 Expense Ratio 3 Combined Ratio 4 Investment income Ratio 5 Overall Operating Ratio B I...

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A company have this information. Incurred losses a $100,000 Loss Adjustment Expenses = $10,000 Premium Earned =

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A company have this information.

Incurred losses a $100,000

Loss Adjustment Expenses = $10,000

Premium Earned = Premium Written =$150,000

Underwriting Expenses = $15,000

Net investment income=$20000

A. Find:

1. Loss Ratio

2. Expense Ratio

3. Combined Ratio

4. Investment income Ratio

5. Overall Operating Ratio

B. Is this company make profit from Insurance service ONLY (why)?

Related Book For answer-question

Financial statements

ISBN: 978-007802531

5th Edition

Authors: Stephen Barrad

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Posted Date: May 30, 2023 12:23 AM

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A company have this information. Incurred losses a $100,000 Loss Adjustment Expenses = $10,000 Premium Earned =

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Financial statements

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