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Today General Knowledge(GK)
An actuary is expected to
A)
Calculate the premium required to cover a risk on a long-term basis
B)
Make a reasonable forecast of the future liabilities of policies
C)
Make an exact forecast of the future liabilities of policies
D)
Find the probability of an insured event to happen in non-life policies

Correct Answer : Option (B) - Make a reasonable forecast of the future liabilities of policies


Published On : June 2, 2021
Category : Insurance and Finance
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