Which of the insurance lines listed below will be charged a higher premium by insurance companies and

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Which of the insurance lines listed below will be charged a higher premium by insurance companies and why?

(LG 15-6)

a. Low-severity, high-frequency lines versus high-severity, low-frequency lines.

b. Long-tail versus short-tail lines.

AppendixLO1

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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