Question

What is the purpose of risk retention financing?

a.

Provide insurance coverage for high-risk individuals.

b.

Assist insurers and corporates in financing their retention.

c.

Transfer risks to external parties through reinsurance contracts.

d.

Enhance regulatory compliance for insurance companies.

Answer: (b).Assist insurers and corporates in financing their retention. Explanation:In risk retention financing, there is potential to assist insurers and corporates in financing their retention.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is the purpose of risk retention financing?

Recommended Subjects

Are you eager to expand your knowledge beyond IC85 Reinsurance Management? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!