As a Result of an Internal Risk Assessment,Berryhill Insurance Decided

question 92

Multiple Choice

As a result of an internal risk assessment,Berryhill Insurance decided it was no longer profitable to provide flood insurance in the southern states.Berryhill apparently chose to ________ the risk of paying flood claims in the southern states.

• A)reduce
• B)share
• C)avoid
• D)accept

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Definitions:

Declaration of Alma Ata

An international declaration formulating a global goal of "Health for All" made at the International Conference on Primary Health Care in 1978.

Champagne glass distribution

Refers to the visual representation of income distribution, where most wealth is concentrated at the top, resembling the shape of a champagne glass.

Total world income

The aggregate of all the earnings generated by individuals, businesses, and governments across the entire world within a specific period.

G8 and G20 countries

Groups of major advanced and emerging economies, respectively, that discuss and cooperate on international financial and economic issues.