Question: 1 . 1 5 What is the difference between risks that are insurable but retained and risks that are uninsurable in the context of unfunded

1.15 What is the difference between risks that are insurable but retained and risks that
are uninsurable in the context of unfunded retained risk?
a. There is no significant difference.
b. Insurable but retained risks are low frequency and low severity, while
uninsurable risks are speculative, largely financial by nature.
c. Insurable but retained risks include fire and theft risks, while uninsurable risks
include business interruption.
d. Insurable but retained risks are high frequency, low severity losses, while
uninsurable risks are speculative, largely financial by nature.

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