Which of the insurance lines listed below will be charged a higher premium by insurance companies and
Question:
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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Related Book For
ISE Financial Markets And Institutions
ISBN: 9781265561437
8th International Edition
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
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