Difficult in the field of life insurance

Assignment Help Finance Basics
Reference no: EM131610949

1. Do you think that loss adjustment would be most difficult in the field of life insurance, property insurance, or liability insurance? What training would you recommend for adjusters in each of these three fields?

2. "Pricing is more difficult in insurance than in other business fields, because the cost of production is not known until after the product has been delivered." To what extent is this statement true and to what extent false?

3. "In view of the relationship of surplus to premiums that may be written, a severe decline in the stock market is likely to serve as a brake on price-cutting practices." Explain the rationale behind this observation.

Reference no: EM131610949

Questions Cloud

What is the doubling time of the price of a textbook : Since 1980, textbook prices have increased at 6.7% per year while inflation has been 3.3% per year.7 Assume both rates are continuous growth rates and let time.
Formulate a plan to intentionally enhance persuasiveness : Explain in-depth how social psychological principles of persuasion are relevant for one of your selected advertisements, citing relevant research.
Explain the most important stage in the criminal process : Discuss two of the procedures that you believe comprise the most important stage in the criminal process
Discuss any new research findings since miners review : Discuss any new research findings since Miner's review. How application of this theory has been successful or unsuccessful within an organizational setting.
Difficult in the field of life insurance : Do you think that loss adjustment would be most difficult in the field of life insurance, property insurance, or liability insurance?
Write differential equation whose solution is temperature : Write a differential equation whose solution is the temperature as a function of time of a bottle of orange juice taken out of a 40°F refrigerator.
Same-store sales rather than total sales : 1) Why might companies focus on same-store sales rather than total sales?
What is the total time the roast should be in the oven : A roast is taken from the refrigerator, where the temperature is 40°F, and put in a 350°F oven. One hour later, the meat thermometer shows a temperature of 90?F
What does the strategy mission and organizational structure : What does the strategy, mission, and organizational structure say about the company? What are the company's short-term and long-term goals?

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the effective interest rate on the lease

Record the journal entries required over the five-year period, assuming that Q-Mart accounts for this arrangement as an operating lease.

  Does political risk affect the value of companies

Does political risk affect the value of companies? First, discuss what is meant by political risk and why it will or will not increase the value of a company.  Briefly discuss the importance of this issue too.  Then, collect and analyse rel..

  How much should you be willing to pay for this stock

If you require a 12 percent rate of return, how much should you be willing to pay for this stock? show work. Ans $38.65, $7.24, $36.73, $24.89.

  The bonds of their price volatility

Compute the duration for bond C, and rank the bonds of their price volatility. The current rate of interest is 8%, so the prices of bonds A and B are 1000dollars and 1268dollars respectively.Bond A Bond B Bond C

  After-tax cash flow from the sale

Consider the following values. NOIn+1: $2.8 million. Cap rate: 7.5%. Brokerage commission: 3%. Remaining mortgage balance: $12 million. Remaining book value: $14 million. Total depreciation taken: $4.9 million. Recapture tax (for depreciation take..

  What is the beta of your portfolio

Assume that you have $100,000 invested in a stock whose beta is .85, $200,000 invested in a stock whose beta is 1.05, and $300,000 invested in a stock whose beta is 1.25. What is the beta of your portfolio?

  What is the project net investment outlay in year 0

The firm's tax rate is 40% and its appropriate cost of capital is 10%, What is the project's net investment outlay in year 0?

  The total of the monthly cash payments

Dixon Corporation incurs a 30-year $700,000 mortgage liability in conjunction with its purchase of a candy factory. This mortgage is payable in equal monthly payments of $3,758 which include interest computed at an annual rate of 5 percent.

  Steps of the nine-step assessment process

Apply the final three steps of the nine-step assessment process to develop a 750-word analysis of your chosen company:

  In cambodia six laborers each making the equivalent of 3

a production process at kenneth day manufacturing is shown in figure s7.9. the drilling operation occurs separately

  What is the aftertax salvage value of the asset

An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $6,020,000 and will be sold for $1,220,000 at the end of the project. If the tax rate is 35 percent, what is the afterta..

  Settling labor disputes and product liability suits

Bankruptcy plays no role in settling labor disputes and product liability suits. Such issues are outside the bounds of bankruptcy law.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd