This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is implied by the pooling of losses? A) sharing of losses by an entire ... (Read 81 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
on: Jul 11, 2018
Which of the following is implied by the pooling of losses?
 
  A) sharing of losses by an entire group
  B) inability to predict losses with any degree of accuracy
  C) substitution of actual loss for average loss
  D) increase of objective risk

Question 2

According to the law of large numbers, what should happen as an insurer increases the number of units insured?
 
  A) The amount the insurer expects to pay in claims should decrease.
  B) Underwriting expenses should decrease.
  C) Actual results will more closely approach expected results.
  D) The insurer's profitability should become more variable.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: C


vHAUNG6011

  • Member
  • Posts: 514
Reply 2 on: Jul 11, 2018
:D TYSM

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Implied Faces Implied Faces
Finish the entire session with brushing over front of the body. Apply brushing movements with ... Finish the entire session with brushing over front of the body. Apply brushing movements with ...
Use friction to mobilize the entire scalp. Place the fingers on the scalp, and move the skin over ... Use friction to mobilize the entire scalp. Place the fingers on the scalp, and move the skin over ...
Standing at the head of the table, apply oil or lotion to the entire back with bilateral stroking. ... Standing at the head of the table, apply oil or lotion to the entire back with bilateral stroking. ...
Apply oil or lotion to the entire leg and hip. Slide palms from lower leg to buttocks. Inside hand ... Apply oil or lotion to the entire leg and hip. Slide palms from lower leg to buttocks. Inside hand ...
Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ... Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ...
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library