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

Author Question: Which of the following statements about the regulation of life insurance companies is (are) true? ... (Read 50 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jul 11, 2018
Which of the following statements about the regulation of life insurance companies is (are) true?
 
  I. The percentage of assets a life insurance company may invest in a specific type of asset (e.g., stocks or bonds) is generally limited by law.
  II. The purpose of limiting the accumulation of surplus is to prevent an insurer from increasing its surplus at the expense of policyowner dividends.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about the regulation of insurance company investments is (are) true?
 
  I. The purpose of regulating insurance company investments is to prevent insurers from making unsound investments which could threaten their solvency.
  II. Life insurers can invest an unlimited amount of their assets in common stocks.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A


futuristic

  • Hero Member
  • *****
  • Posts: 638
Reply #2 on: Jul 11, 2018
Thank you :)


anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jul 11, 2018
Happy to help you


« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
Clinical Embryology Training:Promising career for Life science Graduates Clinical Embryology Training:Promising career for Life science Graduates
Life cycle of acetylcholine (Ach): (1) Ach is released into the synaptic cleft; (2) Ach binds to ... Life cycle of acetylcholine (Ach): (1) Ach is released into the synaptic cleft; (2) Ach binds to ...
Drosophila life cycle Drosophila life cycle
Life cycle of a typical flowering plant. Life cycle of a typical flowering plant.
Complete Life cycle of cherry (Prunus), a eudicot Complete Life cycle of cherry (Prunus), a eudicot
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library