Question
A non-life insurer has a motor insurance portfolio
showing increasing loss ratios for three consecutive quarters, rising from 72% to 91%. What internal risk control measures should the insurer prioritize to mitigate credit and underwriting risk?Solution
Repricing and reassessing underwriting norms are vital in controlling credit and claim risks.
More Accounts Questions
5555 ÷ 11 ÷ 5 = 100 + ?
What will come in the place of question mark (?) in the given expression?
(72 × 4 – 92) ÷ 14 = ?
75% of 65% of 7/5 of 2420 = ?
(21 × 51 + 81)/(9 × 14 - 30) = ?
What will come in the place of question mark (?) in the given expression?
(87 + 79) X √9 - 298 = ? + √3600
If 840 ÷ 12 + 1025 ÷ 25 - n + 45 × 4 = 960 ÷ 16 × 132 ÷ 44, then the value of n is:
What will be the value after simplifying this continued fraction?
72 × 2 = ? + 104 – 14
25% of {(5/18) × 2880 + 122 } = ?% of 590
