πŸ“Š Banking and Finance 3
Q. An actuary is expected to:
  • (A) Make an exact forecast of the future liabilities of policies
  • (B) Make a reasonable forecast of the future liabilities of policies
  • (C) Calculate the premium required to cover a risk on a long-term basis
  • (D) Find the probability of an insured event to happen in non-life policies
πŸ’¬ Discuss
βœ… Correct Answer: (B) Make a reasonable forecast of the future liabilities of policies

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