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Assignment 1: Provide a brief context for an insurer or reinsurer, or a division of either, with which you are familiar. For this insurer or reinsurer, or a division of either:
1.Identify one significant existing insurance product.
2.Explain briefly an emerging risk which affects or could affect the significant insurance product.
3.Analyse the actual or potential effects of the emerging risk on the performance and profitability of the significant insurance product.
4.Make recommendations, based on your analysis, to minimize the impact of the emerging risk.