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Basic Question 2 of 3

Key performance ratios for three insurers

Insurers | Insurer A | Insurer B | Insurer C
Loss and loss adjustment expense ratio | 65% | 68% | 70%
Underwriting expense ratio | 37% | 32% | 27%

Which issuer has the most efficient underwriting operation?

A. A
B. B
C. C

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Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe key ratios and other factors to consider in analyzing an insurance company.

CFA® 2025 Level II Curriculum, Volume 2, Module 13.