The life insurance industry's share of total financial intermediary assets fell from 15.3% at the end of 1970 to 11.5% at the end of 1980 because of
A) poor investment returns in the 1970s.
B) widespread failures of life insurance companies.
C) federal regulations limiting the sale of life insurance.
D) unpredictability of payouts.
Correct Answer:
Verified
Q5: A Supreme Court ruling in March 1996
Q6: An example of permanent insurance is _
Q7: Insurance companies reduce risk exposure in exchange
Q8: Reinsurance allows _ to reduce the risks
Q11: In recent years,bank regulatory authorities have
A)encouraged banks
Q12: Some automobile owners will drive faster knowing
Q12: The specialty of Lloyd's of London is
A)annuities.
B)hedge
Q13: The regulatory agency responsible for regulating the
Q14: A contract requiring payment of an annual
Q15: Which of the following is true of
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