Question

What does Alternative Risk Transfer (ART) encompass?

a.

Traditional insurance and reinsurance policies.

b.

Risk management strategies focused on avoiding risks.

c.

Captive insurance and self-insurance techniques.

d.

Financial planning and investment management.

Answer: (c).Captive insurance and self-insurance techniques. Explanation:Alternative Risk Transfer is a broad term that embraces a wide range of risk management products that fall outside the traditional insurance and reinsurance markets.

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Q. What does Alternative Risk Transfer (ART) encompass?

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