General Insurance Principles第 170 / 474 题
Which characteristic makes a risk suitable for coverage by a private insurer?
a.A single event could damage most of the insurer's book at once
b.The loss is intentionally caused but reported quickly to the insurer
c.The chance of loss is so rare that no premium can be calculated
d.The loss is definite in time, place and amount, and accidental
解析
An insurable risk must produce losses that are accidental from the insured's standpoint and definite enough to measure, drawn from a large pool of similar exposures, with a calculable chance of loss and an affordable premium. An intentional loss is not fortuitous and is excluded. A single event capable of wrecking the whole book is catastrophic exposure, which is exactly what insurers try to avoid or reinsure.
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