Which of the following refers to an approach to risk management that aggregates risk?
A)Risk pooling
B)Risk optimizing
C)Risk capturing
D)None of these answer choices is correct.

Question

Quizplus · Accepted Answer

Risk pooling refers to a risk management approach that aggregates or combines risks. It is common in insurance where insurers pool risks to spread the financial impact of losses across a larger group of policyholders. This approach allows for a more stable and predictable risk profile.

Which of the Following Refers to an Approach to Risk