This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements about the combined ratio is true? A) It is equal to the loss ... (Read 7 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jul 11, 2018
Which of the following statements about the combined ratio is true?
 
  A) It is equal to the loss ratio minus the expense ratio.
  B) A combined ratio greater than 1 (or 100 percent) means an underwriting loss has occurred.
  C) The combined ratio considers the company's investment income.
  D) A combined ratio less than 1 (or 100 percent) indicates an underwriting loss has occurred.

Question 2

In schedule rating, each building is individually evaluated based on several rating factors.
 
  One factor refers to the possibility that the building will be damaged or destroyed by a fire that starts at an adjacent property and spreads to the building. This rating factor is known as
  A) occupancy.
  B) protection.
  C) maintenance.
  D) exposure.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elizabethrperez

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


jon_i

  • Member
  • Posts: 549
Reply 2 on: Jul 11, 2018
:D TYSM

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Glaucoma. (a) A buildup of pressure within the eye cavities, often caused by a blockage of vessels t Glaucoma. (a) A buildup of pressure within the eye cavities, often caused by a blockage of vessels t
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Development encompasses both gains and losses. Sometimes a health crisis (loss) can result in a heal Development encompasses both gains and losses. Sometimes a health crisis (loss) can result in a heal
Torque is a twisting force equal to the distance from the pivot point times the force applied ... Torque is a twisting force equal to the distance from the pivot point times the force applied ...
International Normalized Ratio Guidelines for Dental Treatment International Normalized Ratio Guidelines for Dental Treatment
True Dover Sole True Dover Sole
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library