Question 18 2 points Save Answer Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 2.930, another in May costing 2.652 and the last in December costing 2,892. If Faisal has a straight deductible of 248. How much will the insurer pay? An insurance company has a combined ratio of 0.95, overall operating ratio of 1.42 and an expense ratio of 0.55, based on this information what is the company's loss ratio? 20 An insurance company has a combined ratio of 1.4, overall operating ratio of 1.33 and an expense ratio of 0.47, based on this information what is the company's investment income ratio? An insurance contract has a straight deductible worth 100BD, additionally it also has a coinsurance agreement which specifies that a 65% coinsurance clause exists on a car valued at 32, 138 BD. Based on this, if a loss worth 12,716 happens, how much will the insurer pay? While driving Mohamed's car Sarah accidentally crashed and hit a house, the loss costs a total of 2,487. If in this case Mohamed's insurance policy acted as the primary with a limit of 688, while Sarah's policy acts as the excess and has a limit of 4,047. In this case how much will Sarah's insurance policy pay? Question 23 2 points Save Answe Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.89, while the data shows that the loss adjustment expenses is 316 and the total premium earning is 813. The company's current ratei s 55. Using the experience rating method what will the new primum be if the credibility factor is 0.71 Question 24 2 points Save Answ Dana White has purchased insurance for his home with three different companies, Company A covers 2,156, Company B covers 3,922 and Company c covers 3,818. Assuming the insurers follow a equal shares method, how much will company B pay if a loss of 4 203 occurs? Question 25 2 points Save Answe AXA insurance company has an loss adjustment expense of 2,966, underwriting expense of 864, premiums worth 4,035, investment profits worth 358. Based on this information calculate AXA's overall operating ratio? Question 26 2 points Save Answer Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 2,839, another in May costing 1 232 and the last in December costing 2,366. If Faisal has an aggregate deductible of 3,256. How much will the insurer pay? 2 points sa Question 27 Dixit Insurance company has a loss ratio of 1.19, an underwriting expenses of 343.27, if the loss adjustment expenses and incurred expenses are 549 what is the company's expense ratio