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Question 463 - CTFA discussion

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Risk retention group is:

A.
A public entity formed by the members of the public pool primarily to provide business risk competency to the members.
Answers
A.
A public entity formed by the members of the public pool primarily to provide business risk competency to the members.
B.
A business entity formed by the members of the private pool primarily to provide commercial asset insurance to the members.
Answers
B.
A business entity formed by the members of the private pool primarily to provide commercial asset insurance to the members.
C.
An insurance entity formed by the members of the private pool primarily to provide commercial liability insurance to the members.
Answers
C.
An insurance entity formed by the members of the private pool primarily to provide commercial liability insurance to the members.
D.
An insurance entity formed by the members of the public pool primarily to provide commercial expense insurance to the members.
Answers
D.
An insurance entity formed by the members of the public pool primarily to provide commercial expense insurance to the members.
Suggested answer: C
asked 16/09/2024
PEDRO ARIAS
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