a. Explain the meaning of risk financing. b. Explain the following risk-financing techniques. 1. Retention 2. Noninsurance

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a. Explain the meaning of risk financing.
b. Explain the following risk-financing techniques.
1. Retention
2. Noninsurance transfers
3. Insurance

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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Question Posted: Jan 30, 2015 07:38 AM

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a. Explain the meaning of risk financing. b. Explain the following risk-financing techniques. 1. Retention 2. Noninsurance

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a Risk financing refers to techniques that provide for the funding of losses after they occur ...View the full answer

Principles of Risk Management and Insurance

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