Nathan Was Hired as an Actuary with ABC Insurance

question 48

Multiple Choice

Nathan was hired as an actuary with ABC Insurance.Nathan was asked to calculate the annual premium for a new product and to explain his calculations to ABC's director of ratemaking.Nathan calculated the pure premium and presented this value as the final premium.After Nathan's presentation,the director of ratemaking said,"You left out something very important.If we sell coverage at the pure premium rate,we'll be out of business soon." What did Nathan overlook in his calculations?

• A)loading for expenses
• B)the underwriting cycle
• C)seasonality of claims
• D)investment income

Comprehend the limitations and capabilities of EEG in assessing brain function and pathology.

Identify the anatomical positioning of major brain structures relative to one another.

Describe the structural components of the midbrain and their functions.

Understand the importance and function of the optic nerves and their pathways.

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Definitions:

Menarche

The first menstrual cycle, or first menstrual bleeding, in female humans.

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The stage of life where an individual is able to live independently, making their own decisions and supporting themselves financially.

Adolescence

The transitional period of physical and psychological development that occurs between childhood and adulthood, marked by significant changes in the body and mind.

Windshields

The transparent panels made of glass or other materials on the front of vehicles, protecting occupants from wind and road debris.