n NISM Certifications
NSM General NISM
Medium

Process of calculating price for future insurance claims is called?

Practice question from IC 38 Mock Test 11 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Premium calculation

  2. B

    Underwriting

  3. Ratemaking

    Correct answer

  4. D

    Risk assessment

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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