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Question: the silver drive company is a taxi operator in...

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. The Silver Drive company is a taxi operator in Singapore, which owns a fleet of 5,000 cars. The risk manager is considering a partial retention program for physical losses to company cars.

Identify the factors that the company should consider before it adopts a partial retention program for physical damage losses to company cars. 


If a partial retention program is adopted, what are the various methods the company can use to pay for physical damage losses to company cars? 


Identify two risk-control measures that could be used in the company’s partial retention program for physical damage losses.

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