Quizzes & Puzzles1 min ago
risk retention examples
1 Answers
Hey, got a test on monday for retention and transfer of risk, and I thought it would be a good idea rather than just to get the theory but to find real life examples, for example a company that has a captive is BP whom own Jupitar Insurance LTD.
After a few searches there are some examples I cant get my hands on, does anyone know where i can find such examples as companies which have faced unplanned retention due to ignorence(BP oil spill???), unplanned retention due to confusion of contractual terms, examples of transferring risks to a non-insurer, and perhaps an example of when a company has financed its loss with non-replacement?
Much appreciated
John
After a few searches there are some examples I cant get my hands on, does anyone know where i can find such examples as companies which have faced unplanned retention due to ignorence(BP oil spill???), unplanned retention due to confusion of contractual terms, examples of transferring risks to a non-insurer, and perhaps an example of when a company has financed its loss with non-replacement?
Much appreciated
John
Answers
Best Answer
No best answer has yet been selected by jp_2031. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.