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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Central Acton is synonymous with the hub of commerce and retail on the former main road between London and Oxford (the Uxbridge Road), a reminder of its history is in its inns, which date back in cases to the late Tudor period as stopping places for travellers.