Question

How are shareholders typically informed about a company's reserves?

a.

Through regulatory reports

b.

Through quarterly financial statements

c.

Through the company's website

d.

Through the Annual Report and Accounts

Answer: (d).Through the Annual Report and Accounts Explanation:Shareholders are typically informed about a company's reserves through the Annual Report and Accounts, along with quarterly or half-yearly reports.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. How are shareholders typically informed about a company's reserves?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Why do underwriters study the pattern of reserves development?

Q. How do underwriters utilize specific claims histories?

Q. What does the Unearned Premium Reserve represent?

Q. How are reserves calculated in practice for the Unearned Premium Reserve?

Q. What is the purpose of the Unexpired Risk Reserve?

Q. What does the Outstanding Claims Reserve represent?

Q. What does IBNR stand for in the context of claims reserves?

Q. What is one of the main challenges for insurers regarding IBNR reserves?

Q. What is the purpose of a Claims Equalisation Reserve?

Q. Apart from technical reserves, what other types of reserves do insurers create?

Q. What are hidden reserves?

Q. What is the primary purpose of the reserving policy in insurance?

Q. How are estimates for smaller and simpler claims typically determined?

Q. What approach is taken for larger and more complex claims?

Q. Why is it crucial to revisit claims reserves regularly?

Q. Why is it important for sub-classes to be as homogeneous as possible?

Q. What challenge arises when building in IBNR and reported claims development into sub-class reserves?

Q. How can the impact of fundamental changes on claims be addressed in reserve estimation?

Q. What is the fundamental concept behind Modern Portfolio Theory (MPT)?

Q. What trade-off does investing entail according to Modern Portfolio Theory?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 14 Regulations of Insurance Business? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!