Which of the following items would appear in the revenue section of an insurance company's income and expense statement?
A)underwriting expense
B)bonds
C)loss reserves
D)premiums

Question

Quizplus · Accepted Answer

Premiums are the payments that policyholders make to the insurance company for the coverage. They are a primary source of revenue for an insurance company. Underwriting expense, bonds, and loss reserves are not part of revenue, but rather expenses or investments.

Which of the Following Items Would Appear in the Revenue