It is a statutory requirement
It is necessary to be able to declare dividends to shareholders
It tells the insurer how well it is managing the business
All of the above
Answer is Wrong!
Answer is Right!
The correct answer is D. All of the above.
A valuation is done by a life insurer for a number of reasons, including:
- To comply with statutory requirements. In many jurisdictions, life insurers are required to have their 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube