The Annual Statement reporting requirements for the participating and nonparticipating branches is limited to major and secondary lines of business, but a company would:
Short-duration contracts provide insurance protection for fixed period and can cancel the contract at the end of any contract period.
Which of the following is NOT of equity market sensitivities that are usually considered in dynamic hedging?
It is defined as a debt restructuring whereby the insurer for economic or legal reasons related to borrower financial difficulties, grants a concession to the debtor that it would not otherwise grant.
is the price in a hypothetical transaction at the measurement date in the market in which the reporting entity would transact for the asset or liability
Which projection method uses paid losses plus reserves on outstanding claims?
The two most common types of dollar rolls are:
The two major asset classes in which life insurers invest are:
The profitability of an insurance entity on a statutory basis is generally gauged by:
The approach in which the investment policy should “identify acceptable ranges for investments in different types of instruments, including cash, equities, bonds and debentures, and real property is known as:
TESTED 16 Oct 2025