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Excesses of Improvidence

Excesses of Improvidence Provakar Mitra THE Life Insurance Corporation started with u renewal expense ratio of 15.89 per cent (1957) and 15.46 per cent (1958), which dipped to 12.42 per cent (1961) but shot up to 14.13 per cent and later to 15.91 per cent (1966-67),
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