Pricing and underwriting

Pricing and underwriting

Bachelor of Business Studies (BBS) — Fourth Year

Subject: Insurance and Risk Management (FIN 254)

Unit 6: Auto Insurance

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of pricing and underwriting.
• Apply the relevant financial concepts or calculations and explain their assumptions, risks and analytical limits.

Curriculum Scope

• Auto insurance pricing and underwriting: rating factors, underwriting, residual markets

Detailed Microsyllabus

1. Pricing

   1. Rating factors in the course framework.
   2. Use supplied risk and cost information.
   3. Distinguish a model estimate from a quoted premium.

2. Underwriting

   1. Risk selection and policy conditions.
   2. Residual-market arrangements as prescribed.
   3. Assess decisions using the stated legal context.

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Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 92–96.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Examples involving current laws, rates, institutional products or Nepalese status must identify the relevant period and official materials; no changing numerical or legal requirements are invented here.