Entity which assumes the risk of policyholders

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Reference no: EM131976917

1. ERM programs will usually result in

A) extreme hierarchal management

B) top-down decision making

C) management by consensus

D) bottom-up decision making

2. Travelers Insurance is a publicly traded entity which assumes the risk of its policyholders. It can fairly easily raise capital for operating expenditures and is governed by a board of directors. Travelers is a

A) mutual insurance company.

B) a Name at Lloyds of London.

C) stock insurance company.

D) a fraternal insurance company

Reference no: EM131976917

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