Which one of the following statements best describes the policyholders' equity section of the balance sheet? Available answer options Select only one option A Policyholders' equity is negative when liabilities exceed assets. B Policyholders' equity is negative when the insurer reports a net loss for the year. C Policyholders' equity is an asset of the insurer. D Policyholders' equity decreases by the amount of debt satisfied during the year