MedProf Insurance markets medical malpractice insurance. The company’s

MedProf Insurance markets medical malpractice insurance. The company’s combined ratio in 2015 was 95.4. Its expense ratio was 25.4. What was the company’s loss ratio?

A) 60.4
B) 70.0
C) 88.2
D) 120.8

ANSWER

Answer: B

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