What is the safety margin that insurers must maintain to safeguard the interests of policyholders called?
Explanation: The solvency margin is the safety cushion that insurance companies are required to maintain to ensure that they have sufficient financial resources to cover potential losses and meet their obligations to policyholders. It helps protect policyholders' interests by ensuring that the insurer remains financially stable and capable of fulfilling its commitments.
If the exchange rate of some economy depreciates vis−a−vis US $ and if the Marshal Lerner condition is satisfied, then the current account deficit o...
A two-person zero-sum game means that the
GNP exceeds NNP by:
Claudia would be willing to pay as much as $100 per week to have her house cleaned. John's opportunity cost of cleaning Claudia’s house is $70 per...
An oil exploration company intends to drill an exploratory well in each of two geologically unrelated regions A and B. If the probability of f...
In a two variable linear regression model, four X and Y values were given and value of F statistic needs to be calculated. Regression equation of X on Y...
Suppose that the exchange rate of the Indian rupee appreciates by 10 per cent relative to the currencies of India’s trading partners. Over the same pe...
A society in which there was garbage collection problem. But there was voluntary problem of payment so some people would participate and some wouldn’t...
Let the correlation coefficient between X and Y be 0.6. Random variables Z and W are defined as Z=X+5 and W=Y/3. What is the correlation coefficient bet...
“ All Giffen goods are inferior, but all inferior goods are not Giffen”. The statement is