what are the pros and cons of being insured by a mutual insurance company vs a stock insurance company?

Q: What are the performance measures of an insurance company?

A: Insurance is a contract in which an individual or business receives financial protection or…

Q: What are your recommendations for Insurance companies ?

A: 1.lapsation benifit to all 2. Reasonable refundable value 3. Single expense ratio

Q: What are some of the exempt securities in investor protection and why do we need these securities…

A: Securities are the financial instruments whose holders have the claim over the issuing authority.…

Q: What is the role of Insurance company?

A: Answer no 3. Insurance companies are a part of financial system and considered as a safeguard the…

Q: What is life insurance company?

A: Life insurance: Life insurance is an agreement among an insurance corporation (insurer) and an…

Q: Why insurance companies important for individuals and businesses?

A:

Q: why a company would prefer to hedge over taking an insurance to minimize on risk

A: Company faces many kinds of risks during the operating of the company so company has to manage all…

Q: in insurance terminologies this means that a life insurance policy has been paid and active?

A: In insurance terminology premium means that a life insurance policy has been paid and active.

Q: Who are the target customer of insurance companies?

A: Future events are uncertain and unavoidable, due to which risk arises. There are various methods to…

Q: Is insurance company a financial institution? Why?

A: Financial Institution:-These are those companies that are engaged in the business dealing with…

Q: What levels and kinds of risks are properly and mosteconomically passed on to insurance carriers?

A: Levels of risk are: High It involves a huge amount of risks involved that are needed to be insured…

Q: An insurance refers to a signed agreement between the insured and the insurer. a. Security b.…

A: In Insurance there are two parties, Insurer and Insured

Q: How does credit risk affect insurance companies

A: Credit risks affect insurance companies in a tangible and often direct manner.

Q: What is the difference between mutual and stock insurance company?

A: Risk is an inseparable part of investment. To reduce the risk, different techniques are used.…

Q: The company selling the insurance policy is the _________________. a. Insurer b. Policy c. Premium…

A: Insurance is a means of protection from financial loss.

Q: f the renewal of the policy was at the discretion of the insurer, would you expect the premiums to…

A: Insurance renewal means that the coverage on insurance continues to exist after expiration of the…

Q: Which of the following people represents several insurance companies but owns the policy…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: How are the Securities Investor Protection Corporation (SIPC) and the Federal Deposit Insurance…

A: An investor is a person who invests money in a stock, bond or in some other security so that return…

Q: Discuss how benefits of insurance has sustained the insurance industry to date

A: Insurance is an arrangement under which a person or agency receives financial security or…

Q: How insurance companies works?

A: Insurance companies are the type of organizations that were established in order to cover the…

Q: How are mutual funds different from pension funds?

A: Mutual funds: Mutual funds refer to an institution which pools the savings of the investors and…

Q: what is one example of a risk management strategy used by insurance companies to mitigate…

A: An underwriter's potential loss is known as underwriting risk. Underwriting risk in insurance can…

Q: Which of the following would not appear in the asset section of an insurance company's balance…

A: Insurance company: For different forms of insurance coverage, insurance firms analyse the risk and…

Q: What is the main difference between stock life insurance companies and mutual life insurance…

A: Insurance companies are often organized as either a stock life company or a mutual company. In a…

Q: Which principles ensures that an insured does not profit by insuring with multiple insurers?

A: The Principles of Contribution ensures that an insurance that an insured does not profit by insuring…

Q: What are the differences between an insurance agent and an insurance broker? Discuss.

A: Insurance brokers are individuals that sells, buy or negotiate variety of financial products that…

Q: why is it important for insurance companies to manage underwriting risk?

A: in contract of insurance there is a guarantee by insurance that it will pay the damage or loss .…

Q: a. What is the actuarially fair cost of full insurance against the loss if the company does not make…

A: The question belongs to decision making where there are two options for mitigate future loss. The…

Q: what underwriting risk. what are two risks faced by insurance companies?

A: The underwriting risk is the risk which is borne by the underwriter due to the inaccurate…

Q: What is participating in insurer management? What is treaty reinsurance? What is facultative…

A: Participating Policy: When a policyholder receives a dividend, such types of an insurance contract…

Q: ses of the following: • Commercial Banks • Insurance Companies • Pension Fu

A: Commercial banks provide basic financial facilities to public such as accepting deposits, granting…

Q: How do insurance companies calculate their premiums?

A: Insurance guarantees payment of a stated benefit after completion of a defined period. After expiry…

Q: of the follwoing are financial claims

A: Pension obligation These entitle the employee to make a financial claim against the employer. Bonds…

Q: Insurance companies perform functions that are similar to those of investment companies. * True or…

A: Insurance companies are those companies that have been formed in order to cover the loss of an asset…

Q: What are the pro and cons of third-party insurance?

A: Third-party insurance is an insurance policy purchased for the protection against the claims of…

Q: Why are the credit default swaps, in essence, an insurance contract against the default of one or…

A: Credit default swaps are derivatives contract between two investors in which investors who has lend…

Q: Explain why the Investment Portfolio structure (that is, the types of investment securities they…

A: Portfolio investment is defined as the ownership of bonds, stocks, and other financial assets along…