Granite Insurance Company had claims and expenses of $425 million last year. The companys premium income was

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Granite Insurance Company had claims and expenses of $425 million last year. The company’s premium income was $450 million. What was the company’s combined ratio?

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Financial Institutions, Markets and Money

ISBN: 978-1119330363

12th edition

Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias

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Question Posted: Sep 29, 2018 01:40 PM

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Granite Insurance Company had claims and expenses of $425 million last year. The companys premium income was

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Financial Institutions, Markets and Money

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