Question

Which insurance company function calculates company mortality and morbidity rates as well as the dividends on participating life insurance policies? A. underwriting division B. actuarial division C. claims division D. sales division

Answer 1

B. actuarial division

Step-by-step explanation:

A person with experience in the areas of economics, statistics and mathematics, who assists an insurance firm in risk assessment and premium calculation etc.

Now the function of the insurance company is to calculate the mortality of the company and its rates plus it also includes the dividends that takes parts in life insurance policies

Therefore the correct option is B.