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

Author Question: Which of the following statements about the investments of property and liability insurers is (are) ... (Read 65 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
on: Jul 11, 2018
Which of the following statements about the investments of property and liability insurers is (are) true?
 
  I. Income from investments is important in offsetting any unfavorable underwriting experience.
  II. Because premium income is continually being received, the investment objective of liquidity is of little importance.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Delta Insurance Company has a surplus-share treaty with Eversafe Reinsurance. Delta has a retention limit of 200,000, and nine lines of insurance are ceded to Eversafe.
 
  How much will Eversafe pay if a 1,600,000 building insured by Delta suffers an 800,000 loss?
  A) 600,000
  B) 700,000
  C) 720,000
  D) 800,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juwms

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Jul 11, 2018
Correct answers!


juwms

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Jul 11, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

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.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Ratings of Perceived Contradictions in Political Statements Ratings of Perceived Contradictions in Political Statements
Prestige can sometimes be converted into property. Shown here is “Snooki” Polizzi, a reality ... Prestige can sometimes be converted into property. Shown here is “Snooki” Polizzi, a reality ...
Distribution of the Property of Americans Distribution of the Property of Americans
Examples of Mission Statements Examples of Mission Statements
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: Covalent bonds - role in the body

For a complete list of videos, visit our video library