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CM2 Sept 2019 Q10(iii)

R

rlsrachaellouisesmith

Ton up Member
Would the following score a mark for this? I think it probably would not as it does not reduce the risk, just gives the insurer a more accurate reflection of the risk posed.

They may also use claims experience if they have enough data to help them estimate the probability of a claim.

Thank you
 
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