State the correct statement

A. Market value of assets is always taken by the insurer

B. In periodical valuation of assets and liabilities book value of assets is normally taken by the insurer

C. Discounted present value of the assets is taken by the insurer

D. Discounted future value of the assets is taken by the insurer

Answer: Option B

Solution(By Examveda Team)

In periodical valuation of assets and liabilities book value of assets is normally taken by the insurer.