JAMB - Commerce (2018 - No. 61)
A person who undertakes any risk in insurance business is known as ?
a broker
an underwriter
an insurer
an actuary
Magyarázat
An underwriter is any party that evaluates and assumes another party's risk for a fee, such as a commission, premium, spread or interest. Underwriters operate in many aspects of the financial world, including the mortgage industry, insurance industry, equity markets, and common types of debt securities.