Which of the following factors increases the insurability of a risk?

The insurability of a risk is significantly influenced by the ability to predict and manage that risk. When the risk is statistically predictable, it means that past data can be utilized to anticipate future losses accurately. This predictability allows insurers to assess the likelihood of a loss occurring and the potential financial impact it would have.

By having statistical data and historical loss records, insurers can establish premiums that adequately cover potential claims while still ensuring profitability. Predictable risks also enable insurers to create policies and determine coverage in a structured manner, thus contributing to the overall stability of the insurance market.

Factors such as the scale of the risk, the uncertainty of loss, or uniqueness of the risk do not inherently increase insurability. In fact, large-scale risks can sometimes lead to catastrophic losses that are difficult to insure, uncertain losses complicate the assessment and pricing of coverage, and unique risks may not have sufficient data to allow for accurate prediction and risk assessment. Therefore, the most favorable condition for increasing insurability is when the risk is statistically predictable.