Description
ISR3702 ASSIGNMENT 2 SEMESTER 2 – 2023
Questions 1.1
Describe the perils covered by each of the policies (3)
1.2 Describe a risk policy. (2)
1.3 Discuss the negative consequences to the strategy of initiatives 3 and 5. (4)
1.4 Evaluate initiatives 6 and 7, in terms of appropriate underwriting objective. (6)
1.5 Evaluate initiative 8, in terms of appropriate accepted practice. (4)
1.6 Evaluate initiatives 12 and 13. (6)
1.7 Evaluate all initiatives in the underwriting decisions for renewed business. (6)
1.8 Motivate your agreement, or not, with initiatives 14 and 15. (4)
1.9 Identify the initiative which should not be part of the underwriting initiatives. (4)
1.10 Evaluate initiatives 16 and 17 (6)
1.11 Indicate and motivate the appropriate risk class for the following proposal: (5)
