Reply To: Interview experience

#24733
fenamsogani
Participant

    Answer of question no 2

    First major thing which cause loss is underwriting. Underwriting play critical role for insurance company for making profit. example of poor underwriting is adverse selection.

    second thing is Asset liability mismanagement.

    without market research enter into new product segment. so in case of failure it impact their solvency.

    variable (increasingly) indirect cost.