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Insurance companies set aside funds on their balance sheets that they plan to use to make future claim payments. What do we call those funds?
Insurance companies set aside funds on their balance sheets that they plan to use to make future claim payments. What do we call those funds?
Group of answer choices
Reserves
Rates
Revisions
Retentions
Ratios
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
