Risk retention can be referred to as:
A) The acceptable amount of risk an entity is willing to carry
B) How much risk there is rehiring OTC drivers
C) Fuel hedging
D) None of these is correct.

Question

Quizplus · Accepted Answer

Risk retention refers to the amount of risk an entity is willing to accept or retain rather than transfer to another party, such as through insurance. It is a strategic decision based on the entity's risk appetite.

Risk Retention Can Be Referred to As