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Q. |
What is underwriting in Insurance ? |
A. | Process of investing the premiums which insurance provider collect from insured parties. |
B. | A claim arises on the occurrence of a specified event |
C. | Process by which insurers select the risks to insure and decide how much in premiums to charge for |
D. | The ratio of losses and expenses to premium |
Answer» C. Process by which insurers select the risks to insure and decide how much in premiums to charge for |
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