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 48 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?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Classification of life histories based on juvenile survival, fecundity, and age at reproductive matu Classification of life histories based on juvenile survival, fecundity, and age at reproductive matu
Ratings of Perceived Contradictions in Political Statements Ratings of Perceived Contradictions in Political Statements
The Life Cycle of a Midlatitude Cyclone: Cyclogenesis The Life Cycle of a Midlatitude Cyclone: Cyclogenesis
Life of a Midlatitude Cyclone Life of a Midlatitude Cyclone
Life Expectancy in Developing Countries Life Expectancy in Developing Countries
Summary of Life's Characteristic Summary of Life's Characteristic
Video: Global warming and its effect on climate change

For a complete list of videos, visit our video library