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21:45 Jun 14, 2005
This question was closed without grading. Reason: Answer found elsewhere
English to Portuguese translations [Non-PRO] Insurance / Best Practice Guidelines
English term or phrase:unintended or un-priced cover
Evaluate the cover(s) in the context of known and emerging exposures and determine whether we are we providing either unintended or un-priced cover .
Determine whether there are regulatory or compliance issues for this product and determine whether we are in a position to satisfy any requirements that may exist.
Actuarially determine what the current rates for the cover(s) are and assess potential rate adequacy within the market place
Determine by reference to clear evidence the potential risk and claims run-off profiles for the proposed cover(s)