What is the relationship between the underwriter and the actuary? How do they interact?
What will be an ideal response?
The underwriter uses the classification scheme and rates to select, reject and price exposures to loss. The actuary develops the classification scheme and rates for each classification. If the actuary does his/her job correctly and the underwriter classifies and charges the appropriate price, the insurer should be successful in its underwriting experience.
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Define the internationalization process' four stages
What will be an ideal response?
Which of the following is a source of conflict that occurs when one person differs with another based on how he or she feels about that person?
A. competition for supremacy B. differences over goals and priorities C. differences over facts D. personalities
The ____ section of a PL/SQL block contains handlers that allow you to control what the application will do if an error occurs when the executable statements are processed.
A. EXCEPTION B. BEGIN C. DECLARE D. END
A judgment in a class action suit is binding only upon the person bringing the suit
Indicate whether the statement is true or false