What Does Alternative Risk Transfer Market Mean?

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What does Alternative Risk Transfer Market mean? Read on to discover the definition & meaning of the term Alternative Risk Transfer Market - to help you better understand the language used in insurance policies.

Alternative Risk Transfer Market

Alternative Risk Transfer Market

A name for the marketplace in which nontraditional risk transfer approaches (as compared to commercial insurance) can be arranged. Some of the types of entities and approaches included in this marketplace are captive insurance companies, pools, and risk retention groups (RRGs).

We hope the you have a better understanding of the meaning of Alternative Risk Transfer Market.

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