Question

What does asset management refer to?

a.

Managing tangible assets such as buildings and machinery.

b.

Monitoring and optimizing investment portfolios.

c.

Assessing liability risks and implementing risk mitigation strategies.

d.

Evaluating the financial performance of insurance companies.

Answer: (b).Monitoring and optimizing investment portfolios. Explanation:Asset management refers to the professional management of investments such as stocks and bonds along with real estate, setting realistic goals to increase the insurer's/reinsurer's wealth and measuring performance.

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Q. What does asset management refer to?

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