29. The following information pertains to a property and casualty (P&C) insurance company: • Investment income 5% •Divid
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29. The following information pertains to a property and casualty (P&C) insurance company: • Investment income 5% •Divid
29. The following information pertains to a property and casualty (P&C) insurance company: • Investment income 5% •Dividends 2% .Loss ratio 74% •Expense ratio 23% Based on the information provided, what is this company's combined ratio after dividends? A. 96% B. 94% C. 97% D. 99%
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