Exam (elaborations)
C16 Business of Insurance Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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5 Ways Insurance companies spread risk : -Share risk with other insurance companies (for very large risk, several insurers subscribe to percentage of risk) -Reinsure the risk -deductible -spread risk over diverse geographical region (soften risk of localized disasters) -form risk pools (syn...
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