This topic contains a solution. Click here to go to the answer

Author Question: Reasons to adopt an enterprise risk management plan include all of the following EXCEPT A) to ... (Read 69 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
Reasons to adopt an enterprise risk management plan include all of the following EXCEPT
 
  A) to increase earnings volatility.
  B) to treat risks facing the business in a more holistic way.
  C) to increase net income.
  D) to gain an advantage over competitors.

Question 2

LMN Insurance Company is concerned about its exposure to hurricane losses for property risks it insured on the Gulf Coast. LMN borrowed money from investors by issuing financial securities.
 
  LMN promised to repay the money it borrowed with interest if hurricane losses do not exceed a specified level. If hurricane losses exceed the specified level, LMN will repay less than it borrowed and use the extra money to fund hurricane losses. The securities that LMN issued are
  A) call options.
  B) futures contracts.
  C) weather options.
  D) catastrophe bonds.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jevvish

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D




leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library