New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    When we look at claims’ trends, we look at a number

    of factors. Some of these are listed below. Which factor is not to be considered from this list?
    A Inflation Correct Answer Incorrect Answer
    B Technology Correct Answer Incorrect Answer
    C Legal Changes Correct Answer Incorrect Answer
    D Exposures Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    When analyzing claims trends, factors such as inflation, technological advancements, and changes in legal and regulatory frameworks are crucial to consider. Exposures (the amount of risk insured) are a fundamental factor in understanding claim trends.

    Practice Next