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 65 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
YES! Correct, THANKS for helping me on my review

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Neurological Flow Sheet, Including Glasgow Coma Scale Neurological Flow Sheet, Including Glasgow Coma Scale
To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The
An example of a medical history sheet to list patient problems. An example of a medical history sheet to list patient problems.
A sample flow sheet. A sample flow sheet.
Material Balance over #3 Heat Exchanger Material Balance over #3 Heat Exchanger
Acid–Base Balance Acid–Base Balance
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library