Author Question: Methods by which insurers may minimize or avoid catastrophic losses include which of the following? ... (Read 64 times)

123654777

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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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Answer to Question 1

Answer: A

Answer to Question 2

Answer: B



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