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Basic Question 3 of 3
The ______ ratio is an indicator of the efficiency of a company's operations in acquiring and managing underwriting business.
B. underwriting loss
C. combined
A. underwriting expense
B. underwriting loss
C. combined
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I used your notes and passed ... highly recommended!
Lauren
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.