【单选题】Three cost drivers are used to estimate the cost of processing insurance claims. The cost drivers are: (1) claim amount, (2) age of vehicle in accident and (3) age of driver in accident. The percentag...
【单选题】During the voyage at sea, Freighter A, which had insured $ 11,000, suffered a collision of Freighter B, causing damage of $ 5,000. The insurer pays $ 5,000 in insurance claims and recovers from a resp...
A.
full refund of $ 6,000 to the insured
B.
refund $ 1,000 to the insured
C.
own $ 6,000
D.
refund the remaining $ 6,000 after deducting the cost of the insurer's recovery
【单选题】Three cost drivers are used to estimate the cost of processing insurance claims. The cost drivers are: (1) claim amount, (2) age of vehicle in accident and (3) age of driver in accident. The percentag...