Author Question: The transfer of insurable risk to the capital markets through the creation of a financial instrument ... (Read 53 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
The transfer of insurable risk to the capital markets through the creation of a financial instrument is called
 
  A) coefficient of risk.
  B) securitization of risk.
  C) financial risk management.
  D) enterprise risk management.

Question 2

Terrorists attacked the World Trade Center on September 11, 2001.
 
  The attack simultaneously created large losses for life insurers, property insurers, workers compensation insurers, health insurers, and liability insurers. What name is given to an event that simultaneously creates large losses in several lines of insurance?
  A) speculative loss
  B) clash loss
  C) retroactive loss
  D) consequential loss



JYan

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

For a complete list of videos, visit our video library