You have the following data for a bank (million $): 1 day 1 month Liabilities due...
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You have the following data for a bank (million $): 1 day 1 month Liabilities due $23 $60 Assets maturing $19 $35 Saleable assets $14 $54 Unused loan commitments $8 $100 Access to brokered deposits $ 11 $ 55 Expected net deposit drains $ 12 $98 Calculate the net funding requirement for each period and the cumulative net funding requirement over the month. What does the plan reveal? Thousands of Dollars $ 35,600 $ 26,760 Annual Data Premiums earned Losses incurred Expenses/commissions $9,125 Dividends paid to policyholders $ 600 Investment income on premiums $ 1,525 What is the combined ratio after dividends for this line? Are premiums sufficient to generate profitability for this line? Why or why not? You have the following data for a bank (million $): 1 day 1 month Liabilities due $23 $60 Assets maturing $19 $35 Saleable assets $14 $54 Unused loan commitments $8 $100 Access to brokered deposits $ 11 $ 55 Expected net deposit drains $ 12 $98 Calculate the net funding requirement for each period and the cumulative net funding requirement over the month. What does the plan reveal? Thousands of Dollars $ 35,600 $ 26,760 Annual Data Premiums earned Losses incurred Expenses/commissions $9,125 Dividends paid to policyholders $ 600 Investment income on premiums $ 1,525 What is the combined ratio after dividends for this line? Are premiums sufficient to generate profitability for this line? Why or why not?
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Answer rating: 100% (QA)
Analyzing the Insurance Line Combined Ratio after Dividends Calculate the combined ratio without dividends Combined ratio Losses incurred Expensescomm... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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