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

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

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

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

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

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

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

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

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

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Q. What sparked the movement towards alternative risk solutions?

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

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

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

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Q. What is the objective of risk transfer?

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

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

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

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

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

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Q. What are the benefits of a multi-line/multi-year package in reinsurance?

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