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 25 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?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Self-sealing property Self-sealing property
Distribution of the Property of Americans Distribution of the Property of Americans
How to convert verbal statements into algebraic equations (Part 1) How to convert verbal statements into algebraic equations (Part 1)
How to convert verbal statements into algebraic equations (Part 3) How to convert verbal statements into algebraic equations (Part 3)
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
How to convert verbal statements into algebraic equations (Part 4) How to convert verbal statements into algebraic equations (Part 4)
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library