Why do we need Alternative risk transfer?for insurance

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asked Oct 2, 2024 231k views

2 Answers

Spencer Ruport · Answer 1 · 2024-10-05T05:21:12+0000

Answer:

The alternative risk transfer (ART) market allows companies to purchase coverage and transfer risk without having to use traditional commercial insurance. The ART market includes risk retention groups (RRGs), insurance pools, captive insurers, and alternative insurance products.

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Why do we need Alternative risk transfer?for insurance

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