From the Viewpoint of an Insurer, the Prerequisites of an Ideally

Multiple Choice

From the viewpoint of an insurer, the prerequisites of an ideally insurable risk include all the following except:

A) the loss must be capable of being determined and measured
B) there must be a large, homogeneous group of exposure units
C) the loss should not be subject to catastrophic hazard
D) the peril should be such that the probability of loss is high