CAS Exam 6C Spring 2018, Question 11
Study guide: Exam 6C
The following information is available for two property and casualty insurance companies operating in Canada as at December 31, 2017. All amounts are in thousands of dollars ($000s).
| Company A | Company B | |
|---|---|---|
| Written Premium in 2017 | 500,000 | 500,000 |
| Written Premium in 2016 | 480,000 | 300,000 |
| Underwriting Profit in 2017 | (50,000) | 10,000 |
| Line of Business | Automobile and Property | Surety |
| Head Office Location | United States | Canada |
Identify and briefly describe two potential threats to each company that could lead to an involuntary exit.
Part a (2 points)
Answer this question and see the worked solution