What features a reserve that accumulates at company declared credited interest rates, which are periodically reset?
The maturity of which agreement is fixed by the contract and depends on the needs of the borrower and the willingness of the lender?
________ allow investments to be made, up to a certain percent of invested or total admitted assets, in assets that do not otherwise meet regulatory requirements. If their domiciliary jurisdiction regulations have a this, a life insurer with a business purpose for doing so can make a limited amount of mortgage loans that do not meet regulatory requirements without a reduction in surplus. However, some jurisdictions do exercise some extraterritorial jurisdiction related to it.
What seeks to identify and exploit existing or potential synergies in a company’s diverse business activities?
The securities repurchased have the same stated interest rate as, and maturities similar to, the securities sold and are generally priced to result in substantially the same yield is known as:
In which policies the contract provides for insurance coverage for a fixed period of duration and enables the insurer to not renew the contract or adjust the provisions of the contract at the end of the contract period?
The Module Rule requires the insurer to provide:
_________________ is a special variation on a second mortgage. In this form, the new lender assumes the original or first mortgage and has the responsibility of collecting all payments and remitting a portion of these payments to the first lender.
Insurance agents act as contractors in groups who express one or more entity with express authority to act for the entity in dealing with insureds.
Which of the following is NOT the interrelated component of internal control?
