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Did Insurance Company K have more than $300 millioin in total net profits last year?
(1) Last year Company K paid out $0.95 in claims for every dollar of premiums collected.
(2) Last year Company K enrned a total of $150 million in profits from the investment of accumulated surplus premiums from previous years. | 选项没看懂,“paid out $0.95 in claims for every dollar of premiums collected” 是什么意思?
premium怎么理解?
accumulated surplus premiums是什么概念?
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