1. Which measure of an insurance company's financial health is an index composite of the others? a....
Question:
1. Which measure of an insurance company's financial health is an index composite of the others?
a. | Comdex | |
b. | A.M. Best | |
c. | Moody's | |
d. | Weiss | |
e. | Standard and Poors |
2. What can be said about healthcare coverage for workers employed by U.S. firms with at least 200 employees?
a. | The majority have coverage through the ACA (ObamaCare). | |
b. | The majority don't have healthcare coverage as a fringe benefit. | |
c. | The majority have coverage provided by their employers self-insurance plans. | |
d. | The majority have traditional healthcare plans. | |
e. | All of the above (Be very careful with this choice). |
3. Which is the most important reason the number of US life insurance companies declined from a peak of 2,343 in 1988 to less than 800 today?
a. | Bankruptcies | |
b. | Mergers and acquisitions | |
c. | Life insurers converted to health insurers | |
d. | Life insurers converted to P&C insurers | |
e. | Life insurers converted to reinsurers |