Question: 1. a. While driving Mohammed's car Sarah accidentally crashed and hit a house, the loss costs a total of 3,489. If in this case Mohammed's
1. a. While driving Mohammed's car Sarah accidentally crashed and hit a house, the loss costs a total of 3,489. If in this case Mohammed's insurance policy acted as the primary with a limit of 685 While Sarah's policy acts as the excess limit of 3,357. In this case how much will Sarah's insurance policy pay?
b.Dixit insurance company has a loss ratio of 0.75, an underwriting expenses of 377.73, if the loss adjustment expenses and incurred expenses are 915 what is the company's expense ratio?
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