Briefly describe the relationships between loss / combined ratios AND underwriting, marketing and claims performance / decisions for an insurer.
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A:
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- Who are front-line underwriters? What are premium volume and loss experience with the insurer? What is monitoring of underwriting decisions?Financial ratio analysis is conducted by managers, equity investors, long-term creditors, and short-term creditors. What is the primary emphasis of each of these groups in evaluating ratios?Of the following departments, which are responsible for the following ratios? Finance, Sales, HR, Legal Departments Ratio: Liquidity, Financing, Activity, Profitability, Market Values?
- Define and contrast financial statementauditing, attestation, and assurance servicInsurance policies form the basis of an insurance company’s ________________. a. Financial securities b. Financial liabilities c. Financial assets d. Net policy reservesGive examples of Gearing Ratios from a company's financial statement, and how such gearing ratios are computed, and interpreted. As many gearing ratios as possible.
- Present a definition for the different classifications of ratios and explain what they measure during a financial analysis which include: -Liquidity Ratios -Activity Ratios -Financing Ratios -Market Value Ratio -Profitability Ratio Also what roles would the different departments ( what do they specialize in) contribute to during the financial analysis breakdown: -Finance Manager -Sales Manager -Marketing Manager -HR Manager -Legal department managerdescribing how the element of "risk" factors into the concept of insurance. cite a specific type of insurance policy and indicate how risk will play into the issuance of the insurance policy.]Emoluments, pensions and gratuities, as well as debt service charges are categorized asdevelopment expenditure. Identify whether this statement is true or false.
