Case - Insurance companies running losses.

Question

Accepted Answer

Insurance companies running losses

Insurance companies may run losses due to high claim payouts
Increasing competition in the insurance market can lead to lower premium rates and reduced profitability
Inadequate risk assessment and underwriting practices can result in higher losses
Catastrophic events such as natural disasters can cause significant financial strain on insurance companies
Poor investment performance can also contribute to losses for insurance companies

Accepted Answer

As my client at Infosys was a healthcare insurance company, I was able to drive most of the interview on my previous knowledge and logic.

The panel was very helpful, and they also gave a lot of details which I had missed earlier. This also helped build a healthy communication between the panel and me. The interview was more like an interaction where they were clearing their doubts about me personality.

I was completely honest and told them where I was being cheeky or candid, so as to not to offend them. This round went on for about 35-40 minutes.

Case - Insurance companies running losses.

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