What would be the combined ratio for the following an
What would be the combined ratio for the following: An insurance company made $500,000 in premiums with losses of $20,000 and expenses of $40,000. What is the combined ratio? SHOW ALL WORK OR DONT ANSWER.
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What would be the combined ratio for the following: An insurance company made $500,000 in premiums with losses of $20,000 and expenses of $40,000. What is the combined ratio?
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