Compute overall profitability using given data

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Reference no: EM132060396

Question: A property-casualty insurer brings in $6.24million in premiums on its homeowners MP line of insurance. The line's losses amount to $4,330,560, expenses are $1,584,960, and dividends are $149,760. The insurer earns $212,160 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. (Do not round intermediate calculations. 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 %

Reference no: EM132060396

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