This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements about the regulation of life insurance companies is (are) true? ... (Read 33 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jul 11, 2018
Which of the following statements about the regulation of life insurance companies is (are) true?
 
  I. The percentage of assets a life insurance company may invest in a specific type of asset (e.g., stocks or bonds) is generally limited by law.
  II. The purpose of limiting the accumulation of surplus is to prevent an insurer from increasing its surplus at the expense of policyowner dividends.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about the regulation of insurance company investments is (are) true?
 
  I. The purpose of regulating insurance company investments is to prevent insurers from making unsound investments which could threaten their solvency.
  II. Life insurers can invest an unlimited amount of their assets in common stocks.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A


futuristic

  • Hero Member
  • *****
  • Posts: 638
Reply #2 on: Jul 11, 2018
Thank you :)


anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jul 11, 2018
Happy to help you


« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Laminaria Life Cycle Laminaria Life Cycle
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
How to convert verbal statements into algebraic equations (Part 3) How to convert verbal statements into algebraic equations (Part 3)
Secretion and Regulation of HCl in the Stomach Secretion and Regulation of HCl in the Stomach
Life cycle of a moss (Polytrichum) Life cycle of a moss (Polytrichum)
Life cycle of a Plasmodium species that causes malaria Life cycle of a Plasmodium species that causes malaria
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library