American Bankers Association Exam CTFA Topic 11 Question 91 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 91
Topic #: 11

[All CTFA Questions]

Risk retention group is:

AA public entity formed by the members of the public pool primarily to provide business risk competency to the members.

BA business entity formed by the members of the private pool primarily to provide commercial asset insurance to the members.

CAn insurance entity formed by the members of the private pool primarily to provide commercial liability insurance to the members.

DAn insurance entity formed by the members of the public pool primarily to provide commercial expense insurance to the members.

Show Suggested Answer

Suggested Answer: C

by Geraldine at Jul 06, 2025, 02:36 PM

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8 days ago

I believe it's option C because it mentions commercial liability insurance.

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13 days ago

I'm not sure, but I think it's either option B or C.

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15 days ago

I agree with Velda, option C makes sense.

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18 days ago

I think a risk retention group is option C.

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