CIMAPRO19-P02-1 Exam - Topic 8 Question 42 Discussion
Which of the following statements is true?
D) Risk hedging is taking action to offset one risk by incurring a new risk in the opposite direction.
A) Risk transfer means the management of a portfolio of different risks.
B) Insuring risks means that businesses will not need to take any measures to reduce those risks.
C) High frequency, high severity risks are always strategic risks.
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