Locate a property and casualty firm's most recent annual report
(many are online).

What is the...

Question

Locate a property and casualty firm's most recent annual report 
(many are online).

What is the firm's loss ratio?What is the combined ratio?What do these ratios imply about the firm's profitability?
Present your answers as a 1-page report in a Word document 
formatted in APA style.

Robert · Accepted Answer

Locate a property and casualty firm's most recent annual report (many are online). 
 What is the firm's loss ratio? 
 What is the combined ratio? 
 What do these ratios imply about the firm's profitability? 
Present your answers as a 1-page report in a Word document formatted in APA style
Solution: 
We have selected “Infinity Property and Casualty Corporation”. The most recent annual report 
that was available for this company was for 2011. Following are the calculations made based on 
the data found in the annual report –  
Total Premium Earned = $1,019,060 
Total Claims Paid  = $459798 + $288379 = $748,

Locate a property and casualty firm's most recent annual report (many are online). What is the firm's loss ratio? What is the combined ratio? What do these ratios imply about the firm's profitability?...

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