Covered interest arbitrage can be taken advantage of when premiums in forward rates are not
exactly equal to the interest rate differential between two countries.
Indicate whether the statement is true or false
TRUE
Business
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Which account refers to the reserve set-aside that contains the portion of a premium that has been paid before insurance coverage has been provided.
A. Unearned premiums. B. Prepaid premiums. C. Premium reserves. D. Policy reserves. E. Outstanding premiums.
Business
The holdover clause might also be called a protection or extension clause.
a. true b. false
Business