An insurance company has a combined ratio of 1.68, overall operating ratio of 1.3 and an expense ratio of 0.36, based on this information what is the company's investment income ratio?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
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An insurance company has a combined ratio of 1.68, overall operating ratio of 1.3 and an expense ratio of 0.36, based on this information what is the company's investment income ratio?
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