A property-casualty (PC) insurance company has purchased catastrophe futures contracts to hedge against losses during the hurricane

Question:

A property-casualty (PC) insurance company has purchased catastrophe futures contracts to hedge against losses during the hurricane season. At the time of purchase, the market expected a loss ratio of 0.75. After processing claims from a severe hurricane, the PC actually incurred a loss ratio of 1.35. What amount of profit did the PC make on each $25,000 futures contract?