QUESTION 22 Rubicon Insurance company has a loss ratio of 0.80, an underwriting expenses of 306.43, if the loss adjustme
Posted: Sun Jun 05, 2022 11:08 am
QUESTION 22 Rubicon Insurance company has a loss ratio of 0.80, an underwriting expenses of 306.43, if the loss adjustment expenses and incurred expenses are 1006 what is the company's expense ratio?
QUESTION 21 JAA insurance company has an loss adjustment expense of 2272, underwriting expense of 623, premiums worth 4586, investment profits worth 597. Based on this information calculate JAA's overall operating ratio?