Question 13 5 pts 13. This question is based on the following information from the annual statement for Logan Insurance Company. The trade basis expense ratio is (round to the nearest hundredth). Gross written premiums $50,000,000 Reinsurance premiums $10,000,000 Unearned premiums at the beginning of the year $10,000,000 Unearned premiums at the end of the year $15,000,000 Losses incurred $21,000,000 Loss adjustment expenses incurred $7.250,000 Underwriting expenses incurred $8,750,000 Net Investment income $4,000,000 9.248