C120: Provide a Brief Context for an Insurer or Reinsurer, or a Division of Either: Advance Underwriting Assignment Questions, NUS, Singapore

Assignment 1

• Provide a brief context for an insurer or reinsurer, or a division of either, with which you are familiar. For this insurer or reinsurer, or division of either
• Identify one significant class of business currently underwritten.
• Explain briefly, three significant rating factors used to calculate the risk premium for this class of business.
• Analyse how each of these rating factors influences underwriting policy and practice, for this class of business.
• Make recommendations, based on your analysis, to improve underwriting policy and practice by optimising these rating factors, for this class of business.

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