The relative level of surplus in the insurance industry is called the industry's
A)capacity.
B)liabilities.
C)reserves.
D)admitted assets.

Question

Quizplus · Accepted Answer

The relative level of surplus in the insurance industry is referred to as the industry's capacity. This term reflects the industry's ability to underwrite new policies and take on new risks, essentially indicating how much more business it can handle given its current financial resources.

The Relative Level of Surplus in the Insurance Industry Is