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Question
Which of the following is true regarding the income of an insurance company?a. The income from premiums paid is an unstable type of revenue.
b. The initial underwriting income is the return generated from the investment of the insurance premiums.
c. An insurance company's profit is the sum of its insurance premiums and investment returns.
d. The investment returns from the investment of the insurance premiums
accumulate until the funds are paid out on the policy.
e. c and d only.
Answer
This answer is hidden. It contains 1 characters.
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