Question

What does the ratio of First Insurance to the Total Business completed during the year measure for a life insurance company?

a.

Profitability of the company

b.

Market share analysis

c.

Efficiency in policy issuance

d.

Ratio of new policies to total policies

Answer: (d).Ratio of new policies to total policies Explanation:The ratio of First Insurance to the Total Business completed during the year measures the ratio of new policies to total policies for a life insurance company.

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Q. What does the ratio of First Insurance to the Total Business completed during the year measure for a life insurance company?

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