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A single earthquake damages a large number of buildings in a given geographic region. The simulyaneous to a large number of policyholders insured by an

A single earthquake damages a large number of buildings in a given geographic region. The simulyaneous to a large number of policyholders insured by an insurer exemplifies.: Selected Answer: Pooling of independent loss exposures A. The law of large numbers B. Losses that are correlated C. Pooling of independent loss exposures D. A and B E. B and C Explain why the selected answer is wrong. Explain why the answer is correct.

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