Top Posters
Since Sunday
7
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
Home Q & A Board Other Fields Homework Help Business Insurance
New Topic  
chouri chouri
wrote...
Go to Answer
Posts: 639
Rep: 0 0
6 years ago
Apex Insurance Company wrote a large number of property insurance policies in an area where earthquake losses could occur. When the president of Apex was asked if she feared that a severe earthquake might put the company out of business, she responded, "Not a chance. We transferred most of that risk to other insurance companies." An arrangement by which an insurer that initially writes insurance transfers to another insurer part or all of the potential losses associated with such insurance is called
A) hedging.
B) speculating.
C) reinsurance.
D) loss avoidance.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
Read 88 times
1 Reply
Replies
Answer verified by a subject expert
ownzore3ownzore3
wrote...
#1
Top Poster
Posts: 554
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

chouri Author
wrote...

6 years ago
Correct Slight Smile TY
jayfo05
wrote...

Yesterday
Smart ... Thanks!
jasonbourne
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  941 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1327
  
 3109
  
 412
Your Opinion
Where do you get your textbooks?
Votes: 397
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?