Question

Underwriting is best described as __________. activities related to selecting acceptable risks so that general insurer objectives are met actuarial science production-related activities performed primarily by agents in the field a function most often performed by adjusters

Answer 1

The correct answer is letter a. Activities related to selecting acceptable risks so that general insurer objectives are met. Underwriting is best described as "Activities related to selecting acceptable risks so that general insurer objectives are met."

Here are the choices
a. Activities related to selecting acceptable risks so that general insurer objectives are met.
b. Actuarial science
c. Production-related activities performed primarily by agents in the field
d. Process of developing pricing structures for insurance, often performed by an actuary
e. A function most often performed by adjusters