« previous next »

Author Question: All of the following statements about business objectives in designing a rating system are true ... (Read 57 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Jul 11, 2018
All of the following statements about business objectives in designing a rating system are true EXCEPT
 
  A) The rating system should encourage loss control activities.
  B) The rating system should be independent of long-run changes in economic conditions.
  C) The rating system should be simple to understand.
  D) The rating system should be stable over short periods so that consumer satisfaction can be maintained.

Question 2

Which of the following statements is (are) true concerning investments of property and casualty insurers and life insurers?
 
  I. Property and casualty insurance companies place greater emphasis on liquidity than do life insurers.
  II. Life insurance company investments are, on average, of longer duration than property and casualty insurance company investments.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Madisongo23

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

The respiratory system is assessed for ventilatory changes. The respiratory system is assessed for ventilatory changes.
The respiratory system The respiratory system
Blood Flow Through the Cardiorespiratory System Blood Flow Through the Cardiorespiratory System
Components of the Lymphatic System Components of the Lymphatic System
Overview of the Digestive System Overview of the Digestive System
Human urinary system. Human urinary system.
Video: Structure of Amino Acid, Peptide Bonds & Polypeptides

For a complete list of videos, visit our video library