12) Insurance Brokerage Company wses a computer towind method of estimating the losses its cllents will suffer if a severe sterm er earthyowke ecewrs. This method of estimating losses is called A) capital budgeting. B) securitization of risk. C) risk mappitug. D) catastrophe modetine 13)A computerized data base that permits risk managers te stere and analyrie risk managtement diata is called a A) risk management informatien system. B) risk management Intranet. C) risk management web site. D) capital budgeting. Ch5 14) Which of the following, statements about mutual insurers is true? 1) They are legally organized as partnerships. B) They have a board of directors which is selected by state insurance departunents. C) They are owned by their stockholders. D) They may pay dividends to their policyholders. 15) Which of the following statements about. Loyd's of London is true? A) Coverage is actually written by syndicates who belong to laoyd" of London. B) New individual members or Names who belong, to the various syndicates hav unlimited legal liability. C) It operates as an admitted insurer throughout, the United States. D) It allows underwriters to write coverage without meeting stringent financi requirements 16) Advantages of the direct response system for marketing life insurance which of the following? 1-Advertising can be specifically directed to selected markets. II-Complex products can be easily sold. A) I only B) If only C) both 1 and 11 D) neither I nor l|