Question: Which statement is MOST true? A risk has one serious loss every year for five years, an insurance company would want to write this risk.
Which statement is MOST true?
A risk has one serious loss every year for five years, an insurance company would want to write this risk.
If a risk has severity and frequency issues they could be a poor risk
If a risk has a lot of small claims they may have a severity risk
Insurance companies rather have a risk with a lot of small claims than one large claim
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