Economics
Explain briefly, three key operational controls currently used when underwriting this class of business.
Provide a brief context for an insurer or reinsurer, or a division of either, with which you are familiar. For this insurer or reinsurer, or division of either: • Identify one significant class of business currently underwritten. • Explain briefly, three key operational controls currently used when underwriting this class of business. • Analyse the extent to which each of these operational controls contributes to appropriate underwriting governance for this class of business. • Make recommendations, based on your analysis, to optimise these operational controls, whilst contributing to appropriate underwriting governance.