Huge Insurance Company is a property insurer that is interested in protecting itself against cumulative losses that exceed 200 million during the year. This protection can best be obtained using a(n)
A) quota-share reinsurance treaty.
B) surplus-share reinsurance treaty.
C) excess-of-loss reinsurance treaty.
D) reinsurance pool.
Question 2
All of the following statements about life insurance company investments are true EXCEPT
A) Funds for these investments are derived primarily from premium income, investment earnings, and maturing investments that must be reinvested.
B) Income from these investments reduces the cost of insurance.
C) A primary objective in making these investments is safety of principal.
D) The majority of these investments are short-term investments.
An adaptation protecting against aluminum toxicity.
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
Christian Gladu, The Bungalow Company, The Birch, North Town Woods, Bainbridge
Morris and Company, Sussex Rush-Seated Chairs.
Types of Health Insurance Service Coverage