Question
A life insurance company estimates future policyholder
liabilities at ₹900 crore and holds total assets of ₹1,200 crore. It also reports a solvency margin requirement of ₹250 crore. Calculate whether the company is in a surplus or deficit position as per IRDAI norms.Solution
Surplus = Assets – (Liabilities + Solvency Margin) = ₹1,200 – ₹900 – ₹250 = ₹50 crore
More Accounts Questions
Choose the incorrectly spelt word.
Choose the word with correct spelling.
In each group, one word is correctly spelt. Find the correct word.
- In each sentence below four words have been printed in bold which are labeled (a), (b), (c) and (d ) One of these words may be misspelt or inappropriate in...
Select the word with the correct spelling.
Select the correct spelling of the word.
A. Berbaric
B. Burbaric
C. Bueberic
D. Barbaric
E. None of the above
Choose the word with the correct spelling.
- In each sentence below four words have been printed in bold. One of these words may be misspelt or inappropriate in the context of the sentence. Find out t...
1) embellish
2) frugol
3) enormos
4) gregayrious
- In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words one may be wrongly spelt. T...
