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Some companies look for the risk financing plans that allow them to retain low-to-medium severity loss exposures and transfer high-severity loss exposure. Give three examples
Some companies look for the risk financing plans that allow them to retain low-to-medium severity loss exposures and transfer high-severity loss exposure. Give three examples of risk financing plans that combine retention and risk transfer (8 points). Briefly explains the pros and cons of each plan (4 points).
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