Multiple Choice
An insurance company collected $31.0 million in premiums and disbursed $28 million in losses.Loss adjustment expenses amounted to $5.0 million.The firm is profitable
A) if dividends paid to policyholders is $4 million and income generated on investments is $4 million.
B) if dividends paid to policyholders is $10 million and income generated on investments is $14 million.
C) if dividends paid to policyholders is $6 million and income generated on investments is $2 million.
D) if dividends paid to policyholders is $10 million and income generated on investments is $4 million.
E) if dividends paid to policyholders is $4 million and income generated on investments is $2 million.
Correct Answer:

Verified
Correct Answer:
Verified
Q117: Which of the following is pure life
Q118: The total assets of property-casualty insurers were
Q119: Life insurance guaranty funds<br>A)are sponsored by state
Q120: The expected loss potential is more difficult
Q121: What explains the recent increase in many
Q123: Insurance companies have resisted the investment in
Q124: Which of the following insurance products protects
Q125: Calculate the annual cash flows of a
Q126: As of 2015, the Federal Reserve oversees
Q127: Which of the following involves fixed premium