Author Question: The transfer of insurable risk to the capital markets through the creation of a financial instrument ... (Read 51 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?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

For a complete list of videos, visit our video library