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From the following, which is not a type of risk?

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Question: From the following, which is not a type of risk?

Options:

  1.  Speculative risks
  2.  Dynamic risks
  3.  Fundamental
  4.  Quantitative

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1 Answer

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4. Quantitative

Quantitative is not a type of risk.

Explanation:

Quantitative Claim Auditing - a type of audit when reviewing claim files to determine whether the files are reserved and the number of claims is similar to a computer-generated loss.

This type of audit emphasizes accuracy rather than assuming that claims are adequately addressed.

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