NO.PZ202304050100011702
问题如下：
Based on Exhibit 1, YH’s combined ratio is closest to:
选项：
A.99.2%.
109.8%.
126.8%.
解释：
B is correct. The combined ratio is the sum of the loss expense & loss adjustment expense ratio and the underwriting expense ratio (in ¥ billions, except %):
C is incorrect. In this calculation, the loss expense & loss adjustment expense ratio incorrectly uses net premiums written as the denominator (in ¥ billions, except %):
A is incorrect. In this calculation, the underwriting expense ratio incorrectly uses net premiums earned as the denominator (in ¥ billions, except %):
老师，请问下1、dividend的分母应该用什么呢；2、如果题目不分这么细，分母直接用同一个premium就可以吧
