3-90 The decline in premium income from 2007-2009 in the property-casualty industry can be explained by the
A) failure of a large number of PC companies.
B) federal government gradually increasing compensation and reconstruction assistance following natural disasters.
C) merger of several of the largest U.S.property-casualty companies.
D) increased availability of catastrophe bonds.
E) less stringent oversight of the industry by state insurance commissioners.
Correct Answer:
Verified
Q83: 3-95 Which of the following observations concerning
Q84: 3-84 What explains the recent increase in
Q85: 3-88 The largest asset on property-casualty insurers'
Q86: 3-87 Which account refers to the reserve
Q87: 3-96 The operating ratio for a PC
Q89: 3-97 Calculate the annual cash flows of
Q90: 3-92 What does the loss ratio measure
Q91: 3-85 Which of the following is an
Q92: 3-98 Calculate the annual cash flows of
Q93: 3-91 Which of the following arises in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents