Q. Which of the following is an example of alternative risk carriers?

View solution

Q. Which concept originated in the US with the passing of the Liability Risk Retention Act, 1981?

View solution

Q. Which of the following is not a component of alternative risk transfer?

View solution

Q. What is the main purpose of a Risk Retention Group (RRG)?

View solution

Q. Which of the following is a globally recognized concept for alternative risk carriers?

View solution

Q. Which approach to self insurance may not find legal and/or regulatory sanction in most countries?

View solution

Q. What is the primary purpose of a pool in alternative risk transfer?

View solution

Q. Which of the following is an example of an alternative carrier for the risk of terrorism in the UK?

View solution

Q. What is the key characteristic of a captive in alternative risk transfer?

View solution

Q. Which feature is common to all alternative risk transfer products?

View solution

Q. What sparked the movement towards alternative risk solutions?

View solution

Q. Why did corporate customers evaluate the total cost of risk financing?

View solution

Q. When do alternative market products become relatively attractive to insurance buyers?

View solution

Q. Which of the following is not a technique of risk management?

View solution

Q. What is the objective of risk transfer?

View solution

Q. What is a classic field of activity for reinsurers in the risk retention financing approach?

View solution

Q. What has led to considerable expansion in the number of different products available for risk retention financing?

View solution

Q. What is the role of asset management in risk transfer and risk retention financing?

View solution

Q. What is the significance of investment income in the premium calculation?

View solution

Q. What is the concept of a multi-line/multi-year package in reinsurance?

View solution