Underwriting Principles (Risk Assessment /Risk Classification)

Hello Viewers, Hope all is well. This video is about the Principles of Underwriting. Risk Assessment and Risk Classification are the foundation of underwriting. Underwriters determines the premium structure, while Premium Structure is designed and priced by company actuaries.
References:
"Insurance Administration"  LOMA By Mary C, Bickley Lane, Lightcap Brown, Kristen L.Falk, Miriam A.Orsina, Dorinda Paige
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