Which of the following is NOT considered a type of risk pooling?

Uniform risk assessment is not considered a type of risk pooling because it refers to the process of evaluating risk uniformly across different applicants or situations, without taking into account the individual variations or specific characteristics that can affect risk levels. Risk pooling, on the other hand, involves combining resources or risks from multiple individuals or entities to spread the financial burden of those risks. This process improves the stability and predictability of insurance since it allows a large group to absorb losses collectively.

In contrast, the other options relate directly to risk pooling. Insurance policies with varying premiums based on risk consider the specific risk profile of each policyholder to determine their premium, which allows the insurance company to pool individuals with similar risk levels and charge them accordingly. Combining risks from multiple policyholders is the essence of risk pooling, as it helps to mitigate losses by sharing them among the members of the pool. Risk transfer through reinsurance is also a method of risk pooling since it involves an insurance company transferring some of its risk to another insurer, thus creating a larger pool of risks that can be managed more effectively.