Company-Specific Risk Factors

aggarw16

The wiki article lists this under general risk factors that could apply to all companies

• A&E losses (Asbestos & Environmental);

However, in the COPLFR reading, it states that one would not expect to see discussion of the risk of the A&E losses for a personal lines company.

graham

What you've noted regarding the wiki and source text is accurate, so A&E might not be the best first choice if a questions asks you for risk factors for personal lines. But also consider this:

• While A&E losses might not be the most prominent or frequently discussed risk in the broader category of personal lines insurance, they can certainly be relevant in specific contexts, particularly in homeowners insurance.

I any case, your observation is valid and it's a good reminder of the importance of considering the unique characteristics of each insurance product and the insured’s profile when assessing risks.