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Important of Alternative Risk transfer

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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 Capoeira
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Step-by-step explanation:

it helps companies and individuals to safeguard any future risk

User MarkII
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