Question 1
An underwriting manager sets a target combined ratio of 95% for the commercial property book. Expense ratio is running at 32%. What target loss ratio supports the goal?
Correct Answer:
63%
Question 2
Which AU-M course is dedicated to underwriting management, strategy, and portfolio leadership?
Correct Answer:
AU 67
Question 3
The standard ISO occurrence-based commercial general liability coverage form is identified as:
Correct Answer:
CG 00 01
Question 4
An underwriting manager wants to limit exposure to large unpredictable single claims while keeping participation in attritional losses. Which reinsurance structure best fits?
Correct Answer:
Per-risk excess-of-loss treaty
Question 5
An underwriter approves a $25 million property limit but the assigned authority letter caps personal authority at $10 million. The proper next step is to:
Correct Answer:
Refer the submission to the underwriting manager or higher authority for approval
Question 1
Exam overview

About this Exam

Prepare with the AU-M Practice Questions - AU-M Associate in Commercial Underwriting-Management Exam practice quiz. This question bank includes 100 questions covering underwriting, manager, property, ratio, and underwriter. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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AU-M Practice Questions - AU-M Associate in Commercial Underwriting-Management Exam

This practice set contains 100 questions from the matching question bank and focuses on underwriting, manager, property, ratio, and underwriter. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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