Question

What types of ratios do expense ratios comprise in non-life insurance companies?

a.

Liquidity ratios

b.

Activity ratios

c.

Profitability ratios

d.

Incurred Claim Ratio, Commission Ratio, Management Expense Ratio

Answer: (d).Incurred Claim Ratio, Commission Ratio, Management Expense Ratio Explanation:Expense ratios in non-life insurance companies comprise Incurred Claim Ratio, Commission Ratio, and Management Expense Ratio.

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Q. What types of ratios do expense ratios comprise in non-life insurance companies?

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