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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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
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.