20-72 In the life insurance model,the ratio of total surplus and capital to the risk-based capital calculation must be greater than or equal to 1.0 for the insurance company to be satisfactorily capitalized.

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Quizplus · Accepted Answer

This statement is true as it indicates that the insurance company has enough surplus and capital to cover its potential risks, ensuring solvency and financial stability.

20-72 in the Life Insurance Model,the Ratio of Total Surplus