Question 2 Delta Insurance has a combined ratio of 0.8, this means: O The company is making a loss O For every $1 the company makes a profit of $0.8 O For every $1 the company pays $0.2 on total expenses O For every $1 the company pay $0.8 on total expenses
Question 1 How can a firm decrease its combined ratio O Increase loss ratio and expense ratio Decrease investment income ratio Increase overall operating ratio Increase premiums
Question 2 Delta Insurance has a combined ratio of 0.8, this means: O The company is making a loss O For every $1 the co
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