Business Studies, asked by nanusoni5741, 10 months ago

Explain the techniques of evaluation of risk in insurance services.

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Answered by Anonymous

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Evaluation of Risk in Insurance Services

Risk evaluation is an essential function of an insurance company involving the company's actuaries and risk managers who assess the quality of risk, the likelihood of its occurrence and the cost to policy owners. When an insurance company looks to underwrite risk of particular type such as life or property.

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