A valuation is done by a life insurer because

A. It is a statutory requirement

B. It is necessary to be able to declare dividends to shareholders

C. It tells the insurer how well it is managing the business

D. All of the above

Answer: Option D

Solution(By Examveda Team)

A valuation is done by a life insurer because It is a statutory requirement, it is necessary to be able to declare dividends to shareholders and it tells the insurer how well it is managing the business.