Based on the following information, determine the policyholders surplus for XYZ Insurance Company: Total invested assets .......
Question:
Total invested assets ....... $50,000,000
Loss reserves ............ 40,000,000
Total liabilities ......... 70,000,000
Bonds ....................... 35,000,000
Unearned premium reserve ..... 25,000,000
Total assets ............... 90,000,000
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Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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