Question

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

a.

Event risks

b.

Financial risks

c.

Traditional insurance policies

d.

Combination of event risks and financial risks

Answer: (c).Traditional insurance policies Explanation:Alternative risk transfer involves a range of risk financing techniques beyond traditional insurance policies. It focuses on covering specific event risks and financial risks that may not be adequately addressed by standard insurance products. Traditional insurance policies, while an important part of the overall insurance market, are not considered a component of alternative risk transfer.

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

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