# Definition of 'calculate a risk'

## calculate a risk in Insurance (kælkyəleɪt ə rɪsk)

Word forms: (present) calculates a risk, (past) calculated a risk, (perfect) calculated a risk, (progressive) calculating a risk

phrase

( Insurance : Underwriting )

riskIf you calculate a risk, you decide how likely an event is, whether the insurer should underwrite the risk, and at what cost.

Insurance companies use mortality tables to help them calculate the risk that members of various age groups will die.

Actuaries use probability and statistics to calculate risk for insurance companies.

If you calculate a risk, you decide how likely an event is, whether the insurer should underwrite the risk,
and at what cost.

Collins English Dictionary. Copyright © HarperCollins Publishers

## Nearby words of 'calculate a risk'

- calculary
- calculate
- calculate a premium
- calculate a risk
- calculated
- calculatedly
- calculatedness

## Source

Definition of

**calculate a risk**from the Collins English Dictionary
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