Q382
A specialist in the mathematics of insurance who calculates rates, reserves, dividends and other statistics is called?
A.
Actuary
AnswerB.
Birjoo
C.
Amola
D.
Prixam
Answer: Option A
Solution
Answer: Option A
Solution:
An actuary, in Insurance terms, is a professional expert in Insurance mathematics and uses their knowledge to calculate premium rates, dividends, company reserves, and other statistics.