The Regulation of Insurers in Areas That Affect Consumers,which Include

question 46

Multiple Choice

The regulation of insurers in areas that affect consumers,which include claims handling,underwriting,complaints,advertising,sales practices,and other trade practices is called

• A)solvency surveillance.
• B)market conduct regulation.
• C)combined ratio analysis.
• D)market share regulation.

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Definitions:

Project's Risk

The potential for losses or less-than-expected returns from a specific investment or business project.

Risk

The potential for losing something of value, often measured by the variability of returns associated with an investment.

Cash Flow Estimating

The process of projecting the future cash inflows and outflows of a project or company to determine its financial health.

Capital Budgeting

The process businesses use to evaluate potential major projects or investments.