The Assets of a Property and Liability Insurance Company Are

question 38

Multiple Choice

The assets of a property and liability insurance company are primarily

• A)investments such as stocks and bonds.
• B)loss reserves.
• C)plant and equipment.
• D)premiums paid by policyholders.

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an investee without controlling those policies.

Common Stock

Equity owning in a firm that grants shareholders voting rights and a share in the company's profits, typically through dividends.

Database

A structured set of data held in a computer, especially one that is accessible in various ways, used for storing and managing information digitally.