FILL-IN-THE BLANK Risk pooling creates a large sample of risk exposure, so that the possibility of missing future loss prediction gets lower. The is law of large numbers. Risk ------ from the owner of the risk (insured) to a third party ( insure), physically reduces the risk, both in number and in the anxiety it causes.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
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