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.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: As of 2015,assets of property-casualty insurers totaled
Q3: Underwriting risk faced by property-casualty insurance companies
Q4: The primary function of insurance companies is
Q6: As of 2015,the primary regulator of both
Q9: Variable universal life insurance policies<br>A)have fixed premiums
Q13: The property casualty insurance industry is concentrated
Q16: As with the life insurance industry, property-casualty
Q28: By regulation, the payments on an annuity
Q46: Property-casualty insurers tend to have a higher
Q60: Annuities are popular retirement savings products because