Exam 7: Financial Operations of Insurers

Monopoly Insurance is the only company marketing a certain line of insurance in a state.After complaints from several consumers,the State Insurance Department investigated Monopoly's rates.The regulators determined that Monopoly was taking advantage of being the only insurer offering the line by charging more than double the actuarial cost of the coverage.Which regulatory rating objective was Monopoly violating?

All of the following are expenses of life insurance companies EXCEPT