AFE Questions Bank

There is pending litigation concerning the acquisition of a subsidiary and it is probable such litigation will result in its divestiture is an example of:

________ are contracts with the insurer which provide for periodic payments over a specified period or in specified amounts. In most respects they are administered and accounted for much like supplementary contracts without life contingencies since there are no mortality or morbidity considerations that affect the amount to be paid.

What confirms the hypothesized interest rate sensitivities and shows that the two lines of business are fairly complementary?

Changes in payment procedures or changes in the definition of payment date for coding purposes may or may not affect loss reserve developments.