The Operating Ratio for a PC Insurer Equals

question 51

Multiple Choice

The operating ratio for a PC insurer equals

• A)loss ratio plus the ratios of loss adjustment expenses to premiums earned.
• B)loss ratio plus expense ratio plus dividend ratio.
• C)combined ratio minus dividends paid to policyholders.
• D)acquisition costs plus dividends paid as a proportion of premiums earned.
• E)combined ratio after dividends minus the investment yield.

Learn the relationship between sleep deprivation, body fat production, and cortisol levels.

Understand the psychological and physical impacts of sleep deprivation.

Recognize appropriate timing and methods for exercise in relation to sleep quality.

Identify strategies for improving sleep quality and overcoming insomnia.

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Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, giving them partial ownership of the company.

Corporation

A legal entity formed under state or federal statutes that is distinct from its owners (shareholders), providing limited liability protection, ease of transferability of shares, and potential tax benefits.

Legal Entity

An individual or organization with legal rights and obligations, including the ability to enter into contracts, sue, and be sued.

Cumulative Preferred Stock

A type of preferred stock that has a provision that requires the company to pay all dividends, including those that have been skipped, before any dividends can be distributed to common stockholders.