For Property-Casualty Insurers, Loss Rates Are More Predictable for

question 39

Multiple Choice

For property-casualty insurers, loss rates are more predictable for

• A)low-severity high-frequency events.
• B)low-severity low-frequency events.
• C)high-severity high-frequency events.
• D)high severity low-frequency events.
• E)low severity medium-frequency events.

---

Definitions:

Self-Knowledge

An individual's awareness and understanding of their own personality, feelings, motives, and desires.

Shy

A personality trait characterized by feelings of nervousness or discomfort in social situations.

Secretive

Characteristic of being inclined to conceal feelings, intentions, or information from others.

Ways of Relating

Patterns or styles of interaction and communication between individuals or groups, influencing relationships and social dynamics.