The standard deviation measures the degree to which the actual losses from a loss distribution deviate from the expected loss. True False There are no clear rules for choosing an appropriate risk-handling technique. True False All of the following are true about captive insurers, except: that claims-settlement often take longer that the parent company or companies are in some cases allowed to deduct their premiums from their tax liability that they are located in locations like Bermuda the captive approach would bypass an insurance broker