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Why do we need Alternative risk transfer?for insurance

User NemoStein
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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.

Step-by-step explanation:

User Spencer Ruport
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Answer:

yes

Step-by-step explanation:

this is because alternative risk transfer is purposely for insurance

User Darshan Soni
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