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What is an expense ratio in insurance?

Benjamin Martin | 2023-06-05 06:16:23 | page views：1321
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Ethan Mitchell

Works at the International Labour Organization, Lives in Geneva, Switzerland.
A: The expense ratio in the insurance industry is a measure of profitability calculated by dividing the expenses associated with acquiring, underwriting and servicing premiums by the net premiums earned by the insurance company. The expenses can include advertising, employee wages and commissions for the sales force.Jan 5, 2018
2023-06-08 06:16:23
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Lucas Phillips

QuesHub.com delivers expert answers and knowledge to you.
A: The expense ratio in the insurance industry is a measure of profitability calculated by dividing the expenses associated with acquiring, underwriting and servicing premiums by the net premiums earned by the insurance company. The expenses can include advertising, employee wages and commissions for the sales force.Jan 5, 2018
What is the expense ratio in the insurance industry? | Investopedia
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