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Author Question: Methods by which insurers may minimize or avoid catastrophic losses include which of the following? ... (Read 55 times)

123654777

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on: Jul 11, 2018
Methods by which insurers may minimize or avoid catastrophic losses include which of the following? I. The use of reinsurance II. Concentrating coverage written in one geographic region
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following types of risks best meets the requirements for being insurable by private insurers?
 
  A) most market risks
  B) property risks
  C) financial risks
  D) political risks


gcook

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


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