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Author Question: MedProf Insurance markets medical malpractice insurance. The company's combined ratio in 2015 was ... (Read 72 times)

Cooldude101

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on: Jul 11, 2018
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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leeeep

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


Cooldude101

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

Liddy

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Reply 3 on: Yesterday
Wow, this really help

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