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

Author Question: All of the following are reasons for a primary insurer to use reinsurance EXCEPT A) to increase ... (Read 40 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jul 11, 2018
All of the following are reasons for a primary insurer to use reinsurance EXCEPT
 
  A) to increase the unearned premium reserve.
  B) to increase underwriting capacity.
  C) to protect against catastrophic losses.
  D) to stabilize profits.

Question 2

The unearned premium reserve of an insurer is
 
  A) an asset representing the investments made with premium income.
  B) a liability representing the unearned portion of gross premiums on outstanding policies.
  C) a liability representing claims that have been filed, but not yet paid.
  D) the portion of the insurer's net worth belonging to policyowners.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amcvicar

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


rachel9

  • Member
  • Posts: 495
Reply 2 on: Jul 11, 2018
Wow, this really help

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Products of the Root's Primary Meristems Products of the Root's Primary Meristems
The motor homunculus: the somatotopic map of the human primary motor cortex. Stimulation of sites in ... The motor homunculus: the somatotopic map of the human primary motor cortex. Stimulation of sites in ...
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Human of the planet's net primary production and appropriation of NPP Human of the planet's net primary production and appropriation of NPP
Primary growth in a root Primary growth in a root
Video: Sigmoidoscopy

For a complete list of videos, visit our video library