Profits of the insurance business are shared with

Q: Describe the accounting for actuarial gains and losses

A: Actuarial Gains and losses arises due to the difference in the pension payment made by the employer…

Q: What are the performance measures of an insurance company?

A: Insurance is a contract in which an individual or business receives financial protection or…

Q: s it still beneficial for a person to have an insurance policy? Explain your answer in detail.

A: Insurance Policy - It is a written document between the insurer and policy holder. In which insurer…

Q: Describe a private insurance. what is it? Discuss the primary strengths and advantages, and…

A: Private Insurance means an insurance plan which is not operated by the government. It comes under…

Q: What are your recommendations for Insurance companies ?

A: 1.lapsation benifit to all 2. Reasonable refundable value 3. Single expense ratio

Q: C. Assets

A: Revenue - Revenues are incomes and increase in the assets of the business . It can also be said as…

Q: When a company pays employee healthcare, that is usually considered what kind of activity? a.…

A: Cash activities related to net income are included in operating activities.Cash activities related…

Q: - Which of the following receivables is allocated for? A) Receivables from partners B) Receivables…

A: The correct option is  A) Receivables from partners

Q: What is life insurance company?

A: Life insurance: Life insurance is an agreement among an insurance corporation (insurer) and an…

Q: Emoluments, pensions and gratuities, as well as debt service charges are categorized asdevelopment…

A: First of all we need to understand the basic meaning of Development expenditure. Development…

Q: Is insurance company a financial institution? Why?

A: Financial Institution:-These are those companies that are engaged in the business dealing with…

Q: risk pooling premium actuarially fair insurance premium deductible third party payer moral bazard

A: In the world of finance insurance is an important concept. Insurance is used for the purpose of risk…

Q: Describe how the insurance company's solvency and management status are evaluated.

A: The term insurance company is used to describe a company that writes insurance policies, pays…

Q: Profits of the insurance business are shared with Only with profit policy holders Only life…

A: Lets start with some understanding of with profit policy holder and without profit policy holders.…

Q: What is the importance of insurance companies?

A: Insurance firms are financial middlemen that provide direct insurance or reinsurance services,…

Q: Explain how the following financial products accommodate financial life cycle: a) insurance products…

A: Financial life cycle is a life cycle of an individual where an individual needs to accumulate,…

Q: What levels and kinds of risks are properly and mosteconomically passed on to insurance carriers?

A: Levels of risk are: High It involves a huge amount of risks involved that are needed to be insured…

Q: . Which of the following is TRUE regarding a whole life insurance policy that pays a dividend?…

A: Please not th  at as per the guidelines, I am required to answer only the first three questions.…

Q: Which of the following are the rights of agents: A Right of subsidy; right of support B Right of…

A:

Q: what are the pros and cons of being insured by a mutual insurance company vs a stock insurance…

A: There are two types of insurance companies: mutual insurance company and stock insurance companies.…

Q: What is the difference between mutual and stock insurance company?

A: Risk is an inseparable part of investment. To reduce the risk, different techniques are used.…

Q: Discuss how benefits of insurance has sustained the insurance industry to date

A: Insurance is an arrangement under which a person or agency receives financial security or…

Q: Describe the Investments in Life Insurance Policies.

A: Life Insurance policies are to provide financial support to the beneficiaries and dependents after…

Q: What are two areas of public spending which directly impact an insurance company? What impact do…

A: Public Spending Public spending refers to money spent by a nation's government on things that the…

Q: What is the main difference between stock life insurance companies and mutual life insurance…

A: Insurance companies are often organized as either a stock life company or a mutual company. In a…

Q: In case of life insurance policies with profits, policy holders are given the right to participate…

A: Answer

Q: tell me why the use of reinsurance contributes to the solvency of the ceding insurer.

A: By ceding a portion of their risk, ceding companies reduce their overall risk exposure and…

Q: Define liabilities. Identify several characteristics that distin-guish liabilities from owners’…

A: Liabilities: Liabilities are future responsibilities that are entitled to the present borrowings.…

Q: borrower’s personal investment in the operations of a business

A: The correct answer is b. Capital.

Q: of the follwoing are financial claims

A: Pension obligation These entitle the employee to make a financial claim against the employer. Bonds…

Q: Insurance companies perform functions that are similar to those of investment companies. * True or…

A: Insurance companies are those companies that have been formed in order to cover the loss of an asset…

Q: What are the pro and cons of third-party insurance?

A: Third-party insurance is an insurance policy purchased for the protection against the claims of…

Q: what is the role of the Insurance Core Principles as it relates to underwriting risks, in the…

A: It is very important to evaluate and regulate the insurance supervision. There will be flaws in the…

Q: Explain the Kinds of Title Insurance Policies?

A: An insurance policy that shields the insurance holder from financial loss that arises from the…