The Operating Ratio Is Calculated as

question 2

Multiple Choice

The operating ratio is calculated as

• A)the loss ratio minus the underwriting cycle lag.
• B)the loss ratio plus the loss adjustment expense ratio plus the commission to premium ratio.
• C)the combined ratio after dividends minus the investment yield.
• D)the combined ratio minus the loss ratio.
• E)none of the options.

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Definitions:

QR Codes

Quick Response Codes; machine-readable optical labels that contain information about the item to which they are attached, often used to store URLs or other data accessible by scanning with a mobile device.

Bar Codes

A series of lines of varying widths and spacings which represent data, scanned and read to identify a product or object.

Customization

The process of modifying products, services, or systems to meet specific customer needs or preferences.

Mobility

The ability of technology, services, or workers to be moved or accessed from different locations, enhancing flexibility and connectivity.