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The unearned premium reserve of an insurer is: A liability representing claims that have been filed, but not yet paid. A liability representing the unearned

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The unearned premium reserve of an insurer is: A liability representing claims that have been filed, but not yet paid. A liability representing the unearned portion of gross premiums on outstanding policies. An asset representing the investments made with premium income. The portion of the insurer's net worth belonging to policy-owners

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