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nikitadnepr [17]
2 years ago
15

to decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and

loan characteristics, to predict risk levels.
Business
1 answer:
GenaCL600 [577]2 years ago
3 0

To decide how much an insurance policy should cost a customer, underwriters use: Data analytics.

Data analytics can be defined as the systematic computational collection, modelling and analysis of raw data, in order to discover trends, patterns, and draw conclusions about the information that are contained in the data.

An insurance policy can be defined as a contractual agreement between an insurer and an insured (policyholder), in which the claims, terms and conditions binding on both parties are listed in details.

Thus, it is a contract in which an insurer indemnifies an insured (policyholder) against losses in the event of certain dangers or problems.

Underwriting refers to a process through which an insurer determines the risks of insuring a customer and establishing the required cost (price).

Basically, underwriters use data analytics to predict risk levels and determine how much an insurance policy should cost a particular customer. Some examples of the data used by underwriters are:

  • Loan characteristics.
  • Historical industry trends.

Read more: brainly.com/question/1790872

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6. A listing broker should:
irina [24]

A listing broker should c. suggest a listing price based on comparable market data.

What does the term "listing broker" mean?

Listing brokers and listing agents are normally paid only if the sale is successful. A listing broker, often known as a seller's agent, is in charge of representing the interests of those wishing to sell a property. Historically, a commission for selling a house has typically been in the range of 6% of the selling price. The listing broker or agent and the buyer's or selling agent each receive an equal share of the commission. The most frequent type of listing agreement is an exclusive right to sell listing. For a predetermined amount of time, the broker has the sole authority to market the property under the terms of this agreement.

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7 0
9 months ago
Last summer, Fabia applied for three jobs. The first required a resume, but nothing else. The second required both a resume and
Anna35 [415]

Answer:

The rejection by the third job

Explanation:

Resumes

This is simply known as the normal means or method of an introduction to potential (assumed) employer. it containsmore relevant/more accurate information about the person and it is resume used as a basis for deciding which candidates to investigate further. The resume of candidates shows if identifies candidates meeting requirements.

There are various steps taken by the selection process in every organizations during employment exercise. They includes

1. Screening applications and resumes

2. Testing and reviewing work samples

3. Interviewing candidates

4. Checking references and background

5. Lastly, making a selection

The third one will be the most painful one to her as she has put more work into it than the rest.

6 0
3 years ago
Pacific Company sells only one product for $ 12 per​ unit, variable production costs are $ 3 per​ unit, and selling and administ
AveGali [126]

Answer: The operating income is​ $<u>76 comma 500</u> when 11 comma 000 units are sold.

Explanation:

Selling price = $12 / unit

Variable cost of production = $3 / unit

Selling and Admin cost = $1.5 / unit

Fixed cost for 11 comma 000 units are $ 6 comma 000.

For 11 comma 000 units,

Sales  = 12 x 11000 = $132000

cost of production = 3 x 11000 = $33000

Selling and Admin cost = 1.5 x 11000 =$16500

Fixed cost = $6000

Operating Income = Sales - Cost of Production - Selling and Admin cost - Fixed cost

Operating income = 132000 - 33000 - 16500 - 6000 = $76,500

The operating income is​ $<u>76 comma 500</u> when 11 comma 000 units are sold.

4 0
2 years ago
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arsen [322]
A tuna in the ocean
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2 years ago
A semi-annual coupon bond has MacD of 26.7 years, yield-to-maturity of 4.2%, and price of $1189.29. What is its DV01? Answer in
Drupady [299]

Answer:

92+

Explanation:

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2 years ago
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