A property-casualty insurer brings in $6.25 million in premiums on its homeowners MP line of insurance. The line's losses amount to $4,343,750, expenses are $1,593,750, and dividends are $156,250. The insurer earns $218,750 in the investment of its premiums. Calculate the line's loss ratio, expense ratio, dividend ratio, combined ratio (after dividends), investment ratio, operating ratio, and overall profitability. (Round your answers to 1 decimal place. (e.g., 32.1)) Loss ratio Expense ratio Dividend ratio Combined ratio Investment ratio Operating ratio Overall profitability % % % % % % %
A property-casualty insurer brings in $6.25 million in premiums on its homeowners MP line of insurance. The line's losses amount to $4,343,750, expenses are $1,593,750, and dividends are $156,250. The insurer earns $218,750 in the investment of its premiums. Calculate the line's loss ratio, expense ratio, dividend ratio, combined ratio (after dividends), investment ratio, operating ratio, and overall profitability. (Round your answers to 1 decimal place. (e.g., 32.1)) Loss ratio Expense ratio Dividend ratio Combined ratio Investment ratio Operating ratio Overall profitability % % % % % % %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:A property-casualty insurer brings in $6.25 million in premiums on its homeowners MP line of insurance. The line's losses amount to
$4,343,750, expenses are $1,593,750, and dividends are $156,250. The insurer earns $218,750 in the investment of its premiums.
Calculate the line's loss ratio, expense ratio, dividend ratio, combined ratio (after dividends), investment ratio, operating ratio, and
overall profitability. (Round your answers to 1 decimal place. (e.g., 32.1))
Loss ratio
Expense ratio
Dividend ratio
Combined ratio
Investment ratio
Operating ratio
Overall profitability
%
%
%
%
%
%
%
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