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Commerce · Q57

Insurance

Graduate and Post Graduate · Commerce · question 57

Q57

The main role of an underwriter in a non-life insurance company is normally to

A.
Assess the acceptability of particular risks
B.
Certify a loss when claims are submitted
C.
Design the structure of the products to be offered
Answer
D.
Negotiate with the industry regulator

Answer: Option C

Solution

Answer: Option C
Solution:
The main role of an underwriter in a non-life insurance company is normally to design the structure of the products to be offered.