If the Loss Ratio on a Line of Insurance Is

question 58

Multiple Choice

If the loss ratio on a line of insurance is 70 percent and loss adjustment expenses are 33 percent, then the line is profitable before dividends if the ratio of

• A)commissions and other expenses are 15 percent and investment yields are 10 percent.
• B)commissions and other expenses are 5 percent and investment yields are 6 percent.
• C)commissions and other expenses are 16 percent and investment yields are 20 percent
• D)commissions and other expenses are 15 percent and investment yields are 12 percent.
• E)commissions and other expenses are 6 percent and investment yields are 4 percent.

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Definitions:

Steering Column

The shaft that connects a vehicle's steering wheel to the steering system, allowing the driver to guide the direction of the vehicle.

Control Module

A control module is an electronic component responsible for managing the operations of a particular system within a vehicle, such as the engine or transmission.

Night Visioning

The ability to see in low-light conditions, achieved through technology that amplifies light or uses thermal imaging.

Bendix XVision

Bendix XVision is a proprietary technology developed by Bendix that enhances vehicle safety through advanced vision systems, likely focusing on improving driver visibility and detection capabilities.