The risk-based capital requirements for life insurers are based on a formula that considers four types of risk
One risk reflects a range of uncertainties that life insurers face including such things as bad management decisions and guaranty fund assessments. This risk is called
A) asset risk.
B) insurance risk.
C) interest rate risk.
D) business risk.
Answer: D
You might also like to view...
Which of the following strategies should be adopted to effectively handle customers' expectations of privacy?
A. Avoid controversial topics that might be emotional hot buttons or sensitive. B. Give in to every whim and request of the customer. C. Adopt a gregarious attitude and speak freely to make the customer feel comfortable. D. Avoid generating small talk about the weather or traffic.
The comparative balance sheets of Midnite Corp for 2017 and 2016 indicate that short-term trade notes receivable increased from $5,000 in 2016 to $75,000 in 2017 . How will this change be reported on Midnite's statement of cash flows, if Midnite uses the indirect method?
a. It will be included in the amount of cash and cash equivalents at the end of 2017. b. It will be reported as a deduction from net income in the operating activities section. c. It will be reported as a cash outflow in the investing activities section. d. It will be added to net income in the operating activities section.
A consolidation rotates data to display alternative presentations of the data.
Answer the following statement true (T) or false (F)
You have been assigned the task of explaining why the study of economics is important for business. Discuss the concepts of economics, microeconomics, and macroeconomics.
What will be an ideal response?