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.

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Definitions:

Incomplete Protein

A type of protein that lacks one or more of the essential amino acids needed by the human body.

Amino Acids

Organic compounds that serve as the building blocks of proteins, necessary for numerous functions in living organisms.

Complete Sources

Typically refers to foods or nutrients that provide all essential components necessary for a healthy diet or biological function.

Accessory Gland

A gland that adds secretions to the fluids of another organ, like the seminal vesicles in males.