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Insurance Company reported the following information on its accounting statements last year: Total Investments $170,000,000...

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Accounting

Insurance Company reported the following information on its accounting statements last year: Total Investments $170,000,000 Total Risky Investments $5,000,000 Total Capital $190,000,000 Total Adjusted Capital $150,000,000 Risk Based Capital $100,000,000

What was this company's Kenny ratio last year?

1) 0.87

2) 1.5

3) 1.9

4) 1.27

Answer & Explanation Solved by verified expert
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