Insurance Ratios

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Answers 1-5| | | | | | | |
| 2006| 2007| 2008| 2009| 2010| 2011| 2012|
Net Written Premium| 439699 | 453272 | 458012 | 448044 | 430196 | 429896 | 443629 | Net Earned Premium| 431723 | 445309 | 452965 | 444880 | 430637 | 428304 | 443535 | Losses Incurred| 268071 | 238039 | 247049 | 292143 | 259013 | 260637 | 296564 | LAE Incurred| 56863 | 53676 | 53100 | 53114 | 53778 | 53807 | 55805 | Underwriting Expenses| 111767 | 119004 | 119108 | 121737 | 119741 | 121803 | 124866 | Net Investment Income| 51874 | 54646 | 55465 | 53765 | 50563 | 49245 | 51356 | State Faom Statutory Combined Ratio | 12120 | 3587 | (1921)| (21019)| (8409)| 8100 | 7563 | Unrealized Capital Gains| (5848)| 21334 | (12387)| (54738)| 24042 | 15015 | (3674)| | | | | | | | |

| 2006| 2007| 2008| 2009| 2010| 2011| 2012|
1.Industry Statutory Combined Ratio | 1.011531 | 0.922324 | 0.925584 | 1.049708 | 1.004400 | 1.018545 | 1.075980 | 2.Industry Trade Basis Combined Ratio| 1.006834 | 0.917629 | 0.922686 | 1.047775 | 1.004685 | 1.017492 | 1.075921 | 3.OR on NII| 0.886679 | 0.794914 | 0.800237 | 0.926923 | 0.887271 | 0.902515 | 0.960133 | 4.OR on NII+RCG| 0.858605 | 0.786859 | 0.804478 | 0.974169 | 0.906798 | 0.883604 | 0.943081 | 5.OR on NII+RCG+UCG| 0.872151 | 0.738951 | 0.831825 | 1.097209 | 0.850969 | 0.848547 | 0.951365 | QUIZ 4 – TEAM 1

Q 6) Graph each of the ratios above in a single chart.

Q 7) Which of the above measure most accurately depicts the profitability of the insurance industry over the last 5 years? Ans 7) Combined ratio is a partial measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. A ratio below 100% indicates that the company is making underwriting profit while a ratio...
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