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Summary QuestionIn a soft insurance markWhile trend analysis can be used on various financial stat $7.99   Add to cart

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Summary QuestionIn a soft insurance markWhile trend analysis can be used on various financial stat

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In a soft insurance markWhile trend analysis can be used on various financial statementsQuestionIn a soft insurance markWhile trend analysis can be used on various financial statements, it is most commonly applied to Available answer options Select only one option A Changes in equity statements. B ...

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  • October 6, 2024
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  • 2024/2025
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Question


In a soft insurance markWhile trend analysis can be used on various financial

statements, it is most commonly applied to Available answer options Select only

one option A Changes in equity statements. B Income statements. C Cash flow

statements. D Balance sheets.et, PUQ Insurance Company decided to sell its

workers compensation insurance book of business to ACB Insurance Company.

ACB decided to reunderwrite the book of business assumed from PUQ. ACB

learned through the reunderwriting process that the loss ratio for this book of

business was deteriorating and the retention ratio was 40 percent. Based on this

information, what should ACB conclude about the acquired book of business?




Answer & Explanation


To address the question regarding trend analysis, let's first identify the most

common financial statement it is applied to:


Answer: B Income statements.


Explanation:

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