Which one of the following is the ratio of insurance policies written to those that have...

Which one of the following is the ratio of insurance policies written to those that have been quoted to applicants for insurance?

Select one:

a. Underwriting ratio

b. Hit ratio

c. Persistency ratio

d. Retention ratio

Expert Solution

b. Hit ratio

The ratio of insurance policies written to those that have been quotedto applicants for insurance is hit ratio

jeff jeffy answered 2 years ago

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