Let's say in a given time period our expenses and premiums are as follows: Written Premium:...

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Let's say in a given time period our expenses and premiums are as follows: Written Premium: Earned Premium: $12.2 million $11.9 million $11,500 Net Service Charges: Loss Ratio: 63% Loss Adjustment Ratio: 8.4% General Expense Ratio: 17.94% What is the combined underwriting ratio? $2.5 million $2.2 million USINESS $2 million $1.5 million Let's say in a given time period our expenses and premiums are as follows: Written Premium: Earned Premium: $12.2 million $11.9 million $11,500 Net Service Charges: Loss Ratio: 63% Loss Adjustment Ratio: 8.4% General Expense Ratio: 17.94% What is the combined underwriting ratio? $2.5 million $2.2 million USINESS $2 million $1.5 million

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