An insurance company in Trinidad and Tobago seeks to ensure that investments from premiums collected yield adequate rate of returns in order to process claims and generate a profit. Which of the following financial risk management objectives do they aim to achieve? Select one: a. All of the options in this question b. To avoid the misuse of banks c. To reduce the level of risk bank creditors may be exposed to d. To enhance the risk-return profile of the organization’s portfolio
An insurance company in Trinidad and Tobago seeks to ensure that investments from premiums collected yield adequate rate of returns in order to process claims and generate a profit. Which of the following financial risk management objectives do they aim to achieve? Select one: a. All of the options in this question b. To avoid the misuse of banks c. To reduce the level of risk bank creditors may be exposed to d. To enhance the risk-return profile of the organization’s portfolio
Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
Related questions
Question
An insurance company in Trinidad and Tobago seeks to ensure that investments from premiums collected yield adequate
Select one:
a.
All of the options in this question
b.
To avoid the misuse of banks
c.
To reduce the level of risk bank creditors may be exposed to
d.
To enhance the risk-return profile of the organization’s portfolio
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