Assume it was determined that the insurer in question 17 had overestimated its loss reserves by $20
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Assume it was determined that the insurer in question 17 had overestimated its loss reserves by $20 million.
If the loss reserve estimate was corrected, what is the impact on policyholders’ surplus?
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The impact on policyholders surplus can be determined by analyzing the ef...View the full answer
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Related Book For
Financial Institutions Markets And Money
ISBN: 9780470561089
11th Edition
Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias
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