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24 February, 08:25

In insurance, to determine acceptable risks is the primary responsibility of the:

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  1. 24 February, 11:10
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    Answer: Underwriter.

    Explanation:

    An underwriter is an organization/individual that accesses a risk, and then estimates the cost of the damages resulting from that risk and takes responsibility for the payment of damages, in the eventuality that the risk occurs: The amount paid by the underwriter for a risk, is repaid in the form regular commission by their client.

    Therefore the underwriter is primarily the one responsible, for judging if a risk is acceptable to receive payment or not.
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