Insurance companies typically invest any excess funds in stocks, real estate, and other assets
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Because many insurance companies collect more in premiums than they pay out in insured claims or operating expenses, they typically invest any excess funds in stocks, real estate, and other assets.
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The amount received for each share of stock in excess of par value is_______________
Fill in the blank(s) with correct word
An analyst can view the revenues to cash ratio as a ________________________________________
Fill in the blank(s) with correct word
All of the following are typically advantages of private placements EXCEPT
A) reduced flotation costs. B) speed. C) financial flexibility. D) the possibility of future SEC registration.
Because only the largest and most creditworthy companies are able to use commercial paper, the
interest rate on commercial paper is generally lower than the prime rate. Indicate whether the statement is true or false