Underwriting is a process of
A) selecting and marketing policies
B) determining and establishing premiums
C) selecting, classifying, and rating risks
D) selecting, reporting, and rejecting risks"
Ans: C) selecting, classifying, and rating risks
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The Purple Martin has annual sales of $687,400, total debt of $210,000, total equity of $365,000, and a profit margin of 5.20 percent. What is the return on assets?
A. 6.22 percent B. 6.48 percent C. 7.02 percent D. 7.78 percent E. 9.79 percent
Concerns related to the environment and sustainability
A) are becoming less important to the consuming public. B) are sometimes dictated by regulations and sometimes by perception. C) result in increased cost for the supply chain. D) are relevant to only the retail member of each supply chain.