The NAIC requires life insurers to have reserve accounts that protect insureds from the:
A) insurer's poor underwriting decisions
B) insurer's poor investment results
C) catastrophic hurricane years
D) effects of terrorism risk on the insurer's stability
B
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Which of the following is a characteristic of a service organization?
a. Provides a tangible product b. Carries large inventories c. Receives payments for physical properties d. Service is consumed at time it is provided
Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) is the world's largest electronic securities exchange
Indicate whether the statement is true or false
It must be understood that the ____________________ of a forecast decreases rapidly for predictions more than one time period into the future
Fill in the blank(s) with correct word
Which of the following is not a buyer-specific barrier to supplier development? a. The buying company's purchase volume from the supplier does not justify development investment
b. No immediate benefit to supplier development is evident to the buying organization. c. Lack of executive support within the buying organization for supplier development. d. Importance of purchased item does not justify development efforts. e. Supplier's management agrees to improvement but fails to implement the proposals.