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In a reinsurance program design, the textbook indicated that the risk tolerance is a factor of senior management's direction and willingness to take on risk.
In a reinsurance program design, the textbook indicated that the risk tolerance is a factor of senior management's direction and willingness to take on risk. Which of these selections matches an aggressive strategy to increase risk tolerance
A. Decreasing their retention and decreasing the number of lines.
B. Decreasing their retention and increasing the number of lines.
C. Increasing their retention and increasing the number of lines
D. Increasing their retention and decreasing the number of lines.
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