The Profitability of an Insurance Entity on a Statutory Basis

question 322

Multiple Choice

The profitability of an insurance entity on a statutory basis is generally gauged by:

• A) combined ratio and its operating ratio
• B) single module ratio and its operating ratio
• C) Net ratio
• D) Gross ration and actual ratio

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Definitions:

Two-word Phrases

Combinations of two words that can convey a concept, instruction, or entity, often used for clarity or emphasis.

Grammar

The collection of structural regulations that dictate how clauses, phrases, and words are assembled in a specific natural language.

Appearance

The way that someone or something looks to others, encompassing aspects of physical presentation, clothing, grooming, and attractiveness.

Conservation

The practice of preserving natural resources and the environment for future generations.