Risk___is the term used to describe when an organisation bears its own risk and is willing to withstand the fin losses from any claims that arise?
1
Expert's answer
2020-05-28T07:12:58-0400
The answer is Yes. A company is said to be self insured against a risk when it uses a highly formalized method of retention of a risk. It means that the company bears the risk of all loses that maybe incurred and can pay the losses accrued.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment