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The balance sheet for National Insurance Company dated December 31, showed total admitted assets of $15,000,450. National's loss and loss settlement expense reserve was $3,065,000;
The balance sheet for National Insurance Company dated December 31, showed total admitted assets of $15,000,450. National's loss and loss settlement expense reserve was $3,065,000; its unearned premium reserve was $1,000,000 and its other liabilities were $500,000. The policyholders' surplus as of December 31, was Available answer options Select only one option A $10,435,450. B $11,935,450. C $13,500,450. D $15,000,450
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