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

Author Question: Liability items on an insurer's balance sheet that reflect obligations that must be met in the ... (Read 78 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jul 11, 2018
Liability items on an insurer's balance sheet that reflect obligations that must be met in the future are called
 
  A) pre-paid expenses.
  B) reserves.
  C) surplus.
  D) nonadmitted assets.

Question 2

The risk-based capital requirements for life insurers are based on a formula that considers four types of risk. One risk reflects whether the insurer will have enough surplus if claims are higher than expected. This risk is called
 
  A) asset risk.
  B) insurance risk.
  C) interest rate risk.
  D) business risk.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahchrapun

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


bclement10

  • Member
  • Posts: 560
Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

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?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Sodium Balance Sodium Balance
The heavily worn, and sometimes cutmarked, anterior teeth of Neadertals suggest that these teeth wer The heavily worn, and sometimes cutmarked, anterior teeth of Neadertals suggest that these teeth wer
A chart derived from a flow sheet. A chart derived from a flow sheet.
Two items from the incomplete-pictures test. H.M.’s memory for the 20 items on the test was ... Two items from the incomplete-pictures test. H.M.’s memory for the 20 items on the test was ...
Ocean sediment cores preserve a record of ice sheet growth and decay Ocean sediment cores preserve a record of ice sheet growth and decay
Ice cores also preserve a record of ice sheet growth and decay Ice cores also preserve a record of ice sheet growth and decay
Video: Fetal Development of the Cardiovascular System

For a complete list of videos, visit our video library