MultiInsure, Ltd . is a ( fictional ) public Bermuda exempted insurance company. It provides insurance, reinsurance
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Question:
MultiInsure, Ltd is a fictional public Bermuda exempted insurance company. It provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. It focuses on writing specialty lines of insurance and reinsurance.
Review MultiInsures financial statements. Fill in the answer sheet on page four with the indicated values. Express dollar amounts in millions and calculated ratios as percentages rounded to the nearest tenth of a percent. Submit this entire file as an attachment to your email to me Each of the items on the answer sheet counts for
MultiInsure, Ltd
$ Million
Fixed maturities available for sale at fair value
Other investments
Total investments
Cash
Other assets
Total assets
Reserves for loss and loss adjustment expenses
Unearned premiums
Other liabilities
Total liabilities
Equity
Total liabilities & equity
MultiInsure, Ltd
$ Million
Premiums earned premiums written
Net investment income
Other revenues
Total revenues
Losses & loss adjustment expenses
Underwriting expenses
Other expenses
Total expenses
Income before income taxes
Income tax expense
Net income
Answer Sheet
$ Million
Premiums earned.....................................
Premiums written....................................
Losses & loss adjustment expenses...............
Underwriting expense...............................
Net investment income..............................
Net income...........................................
Equity.......................................................
Total assets...........................................
Loss ratio.............................................
Expense ratio........................................
Combined ratio......................................
Investment income ratio...........................
Overall operating ratio.............................
Return on equity......................................
Expert Answer:
To fill in the answer sheet with the indicated values lets refer to the provided financial stat... View the full answer
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