a. What is the combined ratio for a property insurer that has a loss ratio of 73

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a. What is the combined ratio for a property insurer that has a loss ratio of 73 percent, a loss adjustment expense of 12.5 percent, and a ratio of commissions and other acquisition expenses of 18 percent?
b. What is the combined ratio adjusted for investment yield if the company earns an investment yield of 8 percent?
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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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