Which of the Following Statements Is True Regarding Insurance Market

question 27

Multiple Choice

Which of the following statements is true regarding insurance market conditions and underwriting results?

• A)A combined ratio greater than one (or 100 percent)indicates profitable underwriting.
• B)In a "soft" insurance market,more retention is used than in a "hard" insurance market.
• C)Insurance rates are high and underwriting standards are tight when the insurance market is "hard."
• D)Property and liability insurance premiums and underwriting standards do not fluctuate over time.

Recognize the importance of style guides (e.g., APA, MLA, Chicago) in choosing research methods and writing.

Appreciate the role of publication in scholarly communication.

Understand how identifying audiences for research affects presentation of findings.

Define “house style” and its impact on scholarly publications.

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Definitions:

Immune Modifiers

Substances that adjust the immune response to a desired level, including immunostimulants and immunosuppressants.

Interferon

A collection of signaling proteins produced and secreted by host cells in reaction to various pathogens, including viruses, bacteria, parasites, and tumor cells.

Discharge of Pus

The release of a thick, yellowish or greenish opaque liquid produced in infected tissue, consisting of dead white blood cells and bacteria with tissue debris and serum.

Site of Fertilization

The specific location where the fusion of male and female gametes occurs, typically within the female reproductive tract in animals or in the ovule in plants.