Biology Forums - Study Force

Other Fields Homework Help Insurance Topic started by: JamesLu on Jul 5, 2017



Title: JKL Insurance Company reported the following information on its accounting statements last year: ...
Post by: JamesLu on Jul 5, 2017
JKL Insurance Company reported the following information on its accounting statements last year:
   Premiums Written    $90,000,000
   Loss Adjustment Expenses    $5,000,000
   Underwriting Expenses    30,000,000
   Premiums Earned   $100,000,000
   Incurred Losses    $70,000,000
What was JKL's combined ratio last year?
A) 100.0
B) 103.3
C) 105.0
D) 108.3


Title: Re: JKL Insurance Company reported the following information on its accounting statements last year: ...
Post by: sfinaki on Jul 5, 2017
D


Title: Re: JKL Insurance Company reported the following information on its accounting statements last year: ...
Post by: JamesLu on Sep 12, 2017
Thanks