Losses arising due to a risk exposure retained or assured is known as ______________

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Looking for the answer to the question below related to Insurance?

Losses arising due to a risk exposure retained or assured is known as ______________

 Options:

 

A. Risk Reduction
B. Risk Financing
C. Risk Retention
D. Risk Sharing

 

The Correct Answer Is:

  • C. Risk Retention

Conclusion

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