In return for accepting the variability in outcomes (risk) of insureds, the insurer receives a(n) _____.
Correct Answer:
Verified
Q57: The third party that accepts the risks
Q58: Which of the following statements is true
Q59: Which of the following is a correct
Q60: In this insurers' corporate structure, company officers
Q61: When the actuary must rely on judgment
Q63: _ occurs when insurance is purchased more
Q64: _ insurance is insurance that is purchased
Q65: _ risk programs are financial methods that
Q66: _ insurers are organized in the same
Q67: A(n) _ loss to an insurer is
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