Question

Why are investment departments in insurance companies managed by experts and experienced personnel?

a.

To minimize marketing costs

b.

To enhance customer service

c.

To make strategic business decisions

d.

To analyze and manage investments effectively

Answer: (d).To analyze and manage investments effectively Explanation:Investment departments in insurance companies are managed by experts and experienced personnel to analyze and manage investments effectively, considering the complexities of share markets and money market operations.

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Q. Why are investment departments in insurance companies managed by experts and experienced personnel?

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