Which of the following is NOT a type of funded retention? a: reservesB: self-insurancec: captivesd. credite: all of the above

Option E, All the above are examples of funded retention

Explanation:

Funded retention - risk management term refers to a program in which an entity retains assets in advance, instead of distributed to the insured or another group, to pay for risks incurred by the company.

The insurance exclusion is a common example of a transfer of risk to save premiums, as a deduction is a limited risk that can save insurance premium costs for greater risks.

Based on the cost or absence of commercial insurance companies actively maintain certain risks-which is commonly known as self-insurance.