Author Question: The transfer of insurable risk to the capital markets through the creation of a financial instrument ... (Read 49 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?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library