Q446
With regards to valuation of assets by insurance companies, _________ is the value at which the life insurer has purchased or acquired its assets.
A.
Discounted future value
B.
Discounted present value
C.
Market value
D.
Book value
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
With regards to valuation of assets by insurance companies, Book value is the value at which the life insurer has purchased or acquired its assets.