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A combined ratio of over 100% would indicate____?

User Jack Moody
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1 Answer

7 votes

Final answer:

A combined ratio of over 100% would indicate that the total is greater than the sum of its parts.

Step-by-step explanation:

A combined ratio of over 100% would indicate that the total is greater than the sum of its parts. In other words, if you have a combined ratio of over 100%, it means that the parts being combined exceed the whole.

For example, let's say you have a combined ratio of 120%. This means that the total is 20% more than the sum of the individual parts. If you add up the parts, they would only make up 100%, but the total is 120%, indicating that there is an additional 20%.

Therefore, option d. It would be greater than 100 percent, is the correct answer.

User Fmonegaglia
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