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pure to aways considered retained risk and is never considered transferred risk QUESTION 17 Which of the following state
Posted: Sun Jun 05, 2022 11:16 am
by answerhappygod
- Pure To Aways Considered Retained Risk And Is Never Considered Transferred Risk Question 17 Which Of The Following State 1 (26.7 KiB) Viewed 31 times
pure to aways considered retained risk and is never considered transferred risk
QUESTION 17 Which of the following statements is true regarding insurance market conditions and underwriting results? A combined ratio greater than one (or 100 percent) indicates profitable underwriting. In a "soft" insurance market, more retention is used than in a "hard" insurance market. O Insurance rates are high and underwriting standards are tight when the insurance market is "hard" O Property and liability insurance premiums and underwriting standards do not fluctuate over time.