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Hello there, Please find the below picture for the questions to answer. The word limit is 500words so please devide on to the number of

Hello there,
Please find the below picture for the questions to answer. The word limit is 500words so please devide on to the number of questions, you may for example use more words in one questions than the other which is fine. As long as it 500 words in total to answer all the questions. Not 500 words for each question.
image text in transcribed
Dccumente ord Incert Dra Design Layout References Mailings Review Vie Title Subtit ,) | a-ch)"||TNormal Heading 1 Heading 2 1No Spac., Blu-x, x, A,A- Painter Styles Font Paragraph Area 8-The Pricing of the insurance 1. 2. 3. What areas of uncertainty exist surrounding the pricing of risk? Are there any market factors which can affect the pricing of risk? What do you consider to be the characteristics of an emerging risk? What challenges do they pose for insurers when attempting to price them? what mathematical techniques could be applied to price an emerging risk 5

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