Q. What is underwriting in Insurance ? (Solved)
1. Process of investing the premiums which insurance provider collect from insured parties.
2. A claim arises on the occurrence of a specified event
3. Process by which insurers select the risks to insure and decide how much in premiums to charge for
4. The ratio of losses and expenses to premium
- c. Process by which insurers select the risks to insure and decide how much in premiums to charge for