They specialize in forecasting the losses and developing the losses' potential future impact on the insurers.They use mortality tables and life expectancy tables to estimate the future losses that the insurer must pay.Identify them.
A)Accountants
B)Underwriters
C)Actuaries
D)Covenants
E)Assessors

Question

Quizplus · Accepted Answer

Actuaries specialize in forecasting future losses and assessing their potential impact on insurers. They use mortality tables and life expectancy tables, among other statistical tools, to estimate the future liabilities that insurance companies will face.

They Specialize in Forecasting the Losses and Developing the Losses