Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: Cooldude101 on Jul 11, 2018
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MedProf Insurance markets medical malpractice insurance. The company's combined ratio in 2015 was 95.4. Its expense ratio was 25.4. What was the company's loss ratio?
A) 60.4
B) 70.0
C) 88.2
D) 120.8
Question 2
To protect policyholders, state laws place limitations on a life insurance company's investments.
The assets backing interest-sensitive products, such as variable life insurance and variable annuities, are not subject to these restrictions. Assets backing interest-sensitive products are placed in a special account called the life insurer's
A) policy reserve account.
B) policy loan account.
C) separate account.
D) policyholders surplus.
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Answer to Question 1
Answer: B
Answer to Question 2
Answer: C