The decline in the combined ratio is most likely to indicate that the insurer has ___________. a) increased its administration expenses b) increased its long term borrowing c) improved its investment returns d) improved its underwriting results

The decline in the combined ratio is most likely to indicate that the insurer has
___________.
a) increased its administration expenses
b) increased its long term borrowing
c) improved its investment returns
d) improved its underwriting results
by

1 Answer

Answer :

d) improved its underwriting results
by

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