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sladkih [1.3K]
3 years ago
6

One item that appears on an insurance company's financial statements is a liability that represents an estimate of the claims re

ported and adjusted but not yet paid, claims reported and filed but not yet adjusted, and claims incurred but not yet reported to the company. this liability is called the insurer's:
Business
1 answer:
Bess [88]3 years ago
8 0
<span>This liability is called the insurer's "loss reserve".</span>

Loss reserve<span> is a gauge of an insurer's liability from future cases. <span>Loss reserves</span> most often contain liquid resources, and they enable the insurer to cover claims made against strategies that it endorses. Assessing liabilities can be a difficult task. Insurers need to regulate loss reserve estimations as the situation change.</span>

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(Advanced analysis) The following equations give information for a private open economy.
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Answer: Trade Deficit ($10 Billion).

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C=40+0.8Y

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M=$30 billion

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Ig - Gross investment

X - Exports

M - Imports

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Since, Imports are greater than the exports, so the nation is experiencing a trade deficit.

Trade deficit = Imports - Exports

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Answer:

c

explanation:

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Answer:

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2 years ago
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Answer:

total sales $820 million

net income $425 million

total assets $750 million

total liabilities $735

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