2
answers
0
watching
96
views
5 Jan 2018

An insurance company’s projected loss ratio is 78.2 percent, and its loss adjustment expense ratio is 13.6 percent. It estimates that commission payments and dividends to policyholders will add another 16 percent. What is the minimum yield on investments required in order to maintain a positive operating ratio? (Round your answer to 2 decimal places. (e.g., 32.16))

Minimum yield on investments %

For unlimited access to Homework Help, a Homework+ subscription is required.

27 May 2023

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Already have an account? Log in
Start filling in the gaps now
Log in