What is the legal significance of a material misrepresentation in an insurance application?

The primary function of an actuary is to

Liability items on an insurer’s balance sheet that reflect obligations that must be met in the future are called

Factors that may result in more restrictive underwriting decisions include which of the following?I.Inadequate rates.II.The unavailability of reinsurance at favorable terms.

All of the following are reasons for a primary insurer to use reinsurance EXCEPT

Which of the following statements about subrogation is true?

The underwriting process begins with the

Which of the following types of insurance policies can usually be assigned without the insurer’s consent?I.Life insuranceII.Property insurance

By setting, enforcing and auditing metadata standards, organisations hope to: 

Who are the suppliers for business metadata?