Risk Retention Group

A group of companies that combine for the purpose of providing group members with self-insurance. An RRG generally results in the establishment of a chartered, limited purpose, insurance company.

Other users also searched for some of the following glossary words and FAQs.

Similar Glossary Words

• Risk Retention Group
• Insurance Purchasing Group
• Perils (Covered Perils)
• Umbrella Policy

Similar FAQs

• I'm not near any body of water. Is there any particular reason why I would need flood insurance? Doesn't my homeowner policy provide flood coverage?