What is underwriting in Insurance ? – McqOptions

MCQOPTIONS

1.	What is underwriting in Insurance ?
A.	Process of investing the premiums which insurance provider collect from insured parties.
B.	A claim arises on the occurrence of a specified event
C.	Process by which insurers select the risks to insure and decide how much in premiums to charge for
D.	The ratio of losses and expenses to premium
Answer» D. The ratio of losses and expenses to premium

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