Question: When estimating hazard loss, why do risk managers limit losses? Select one: To estimate the ultimate average incurred loss from a previous time period To

When estimating hazard loss, why do risk managers limit losses? Select one: To estimate the ultimate average incurred loss from a previous time period To reflect future reduction in claims due to improved risk management To make all the data comparable by nullifying external factors To help determine which future losses can be predicted and retained

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