The process of evaluating the risks involved with issuing an insurance policy is called subrogation.

Name: The process of evaluating the risks involved with issuing an insurance policy is called subrogation.
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The process of evaluating risks involved with issuing an insurance policy is called underwriting. Subrogation is the process of recovering the amount of a claim paid by an insurance company from a third party who may have caused the loss or damage that led to the claim.

The Process of Evaluating the Risks Involved with Issuing an Insurance