why is it important for insurance companies to manage underwriting risk?
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why is it important for insurance companies to manage underwriting risk?
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Solved in 3 steps
- How insurance companies works?why a company would prefer to hedge over taking an insurance to minimize on riskIdentify and explain ONE key financial risk that an insurance company is exposed to. Explain the policies and procedures an insurance company put in place to mitigate the exposure of the said risk.