Page 56 - Insurance Times July 2022

Glossary Do you think IRDAI new chairman is quite
Poll proactive and industry should benefit by
quick decisions?

Yes Results of Poll in our June 2022 Issue
No Do you think the idea of digital insurance
companies will further boost insurance
Can’t say penetration?

Poll Contest, The Insurance Times Yes 70
Underlying Interest 25/1, Baranashi Ghosh Street, Kolkata - 700 007 No 30
Phone : 2269 6035, 2218 4184, 4007 8428
The asset(s), liability(ies) or other Can’t say 00
Email: insurance.kolkata@gmail.com
interest(s) underlying a derivative
instrument, including, but not limited to,
any one or more securities, currencies,
rates indices, commodities, derivative Subscribe
instruments, or other financial market
instruments. our

Underwriter
Person who identifies, examines and YouTube Channel
classifies the degree of risk represented by
a proposed insured in order to determine
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whether or not coverage should be
provided and, if so, at what rate.
for latest updates
Underwriting
The process by which an insurance
company examines risk and determines
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whether the insurer will accept the risk or
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determines the appropriate rate for
coverage provided.

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56 The Insurance Times, July 2022