Adverse selection is a phenomenon wherein the insurer is confronted with the probability of loss due to risk not factored in at the time of sale. Definition: Adverse selection is a phenomenon wherein the insurer is confronted with the probability of loss due to risk not factored in at the time of sale.
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Baron Acton, of Aldenham in the County of Shropshire, is a title in the Peerage of the United Kingdom. It was created on 11 December 1869 for the prominent historian and Liberal Member of Parliament Sir John Dalberg-Acton, 8th Baronet.