20-121 in the NAIC Model for Life Insurance Companies,this Risk

question 50

Multiple Choice

20-121 In the NAIC model for life insurance companies,this risk measures the liquidity of liabilities for given rate changes.

• A)Interest rate risk
• B)Business risk
• C)Asset risk
• D)Foreign exchange risk
• E)Insurance risk

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Definitions:

Qualitative Factors

Non-numeric or subjective factors that influence business decisions or activities.

Activity-Based Management

A management strategy focusing on identifying and analyzing activities that lead to cost improvement and business performance enhancement.

Customer Value

The perception of what a product or service is worth to a customer versus the possible alternatives.

Inputs

The resources used in the production process, including raw materials, labor, and capital.