a. If the loss ratio on a line of property insurance is 76 percent, the...
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a If the loss ratio on a line of property insurance is percent, the loss adjustment expense is percent, and the ratio of commissions and other acquisitions expenses is percent, is this line profitable? b How does your answer to part a change if investment yields of percent are added?
a If the loss ratio on a line of property insurance is percent, the loss adjustment expense is percent, and the ratio of commissions and other acquisitions expenses is percent, is this line profitable?
b How does your answer to part a change if investment yields of percent are added?
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