- Question 24 Asia Life Insurance Insures A Total Of 1000 Cars Has A Loss Adjustment Expense Of 10616 Underwriting Expen 1 (102.2 KiB) Viewed 36 times
- Question 24 Asia Life Insurance Insures A Total Of 1000 Cars Has A Loss Adjustment Expense Of 10616 Underwriting Expen 2 (49.44 KiB) Viewed 36 times
QUESTION 24 Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 10616, underwriting expenses of 947 and have earned premiums worth 14251. Based on this information calculate their Gross Rate using the pure premium method.
QUESTION 23 An insurance company has a combined ratio of 1.46, overall operating ratio of 1.08 and an expense ratio of 0.59, based on this information what is the company's investment income ratio?