Question

Which one of the following provides insurers with primary financial support to increase their written premium...

Which one of the following provides insurers with primary financial support to increase their written premium volume?

Select one:

a. Policyholders' surplus

b. Underwriting profit

c. Revenues

d. Loss ratio

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Homework Answers

Answer #1

Policyholder's surplus is the correct option

Policyholder's surplus is the main aspect which helps the insurer to increase their written premium volume..

Underwriting profit is the remains of the earned premium after the losses of the insurance policy

Revenues is the revenue earned by the company

Loss ratio is the total losses that has been incurred by the insurance company in claims as well as the adjustments expenses divded by the total premium that has been earned by the company.

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