Question

Write a short note on alternative markets.

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Answer 1

Explanation:

Alternative Market — a term commonly used in risk financing to refer to one of a number of risk funding techniques (e.g., self-insurance, captive) or facilities (e.g., ACE, XL) that provide coverages or services outside the realm of that provided by most traditional property-casualty (P&C) insurers.

Answer 2

Answer:

Alternative Market — a term commonly used in risk financing to refer to one of a number of risk funding techniques (e.g., self-insurance, captive) or facilities (e.g., ACE, XL) that provide coverages or services outside the realm of that provided by most traditional property-casualty (P&C) insurers.

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