Answered

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When an insurer carries inadequate loss reserves, it results in an
A. Understatement of the insurer's total liabilities and an overstatement of its policyholders' surplus.
B. Understatement of the insurer's total assets.
C. Increase in premium revenues in the long run.
D. Increased provision for overdue authorized reinsurance in Schedule
F. of the insurer's Annual Statemen

Sagot :

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