What is a P&C product?

Concordia Kahoot

Flashcard
•
Mathematics
•
University
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
P&C stands for Property and Casualty insurance, which includes coverage for property damage and liability for accidents.
2.
FLASHCARD QUESTION
Front
Name an example of a non-P&C product.
Back
Dental Insurance is an example of a non-P&C product.
3.
FLASHCARD QUESTION
Front
What teams are involved in Personal Insurance?
Back
Personal Insurance typically includes teams that handle individual policies such as auto, home, and personal liability insurance.
4.
FLASHCARD QUESTION
Front
What is the role of the Data Science team in insurance?
Back
The Data Science team analyzes data to improve risk assessment, pricing, and customer insights.
5.
FLASHCARD QUESTION
Front
What is the significance of the Loss Ratio Report?
Back
The Loss Ratio Report helps insurers assess the profitability of their insurance policies by comparing claims paid to premiums earned.
6.
FLASHCARD QUESTION
Front
What does the Competitiveness Report analyze?
Back
The Competitiveness Report evaluates how an insurance company's products and pricing compare to competitors in the market.
7.
FLASHCARD QUESTION
Front
What is the Indication Report used for?
Back
The Indication Report provides insights and forecasts about future insurance pricing and market trends.
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