What best explanation for change in how the risk was handled, Risk Management

What best explanation for change in how the risk was handled

Problem

A risk manager self - insured a property risk for one year. The following year, even though no losses had occurred , the risk manager purchased property insurance to address the risk. What is the best explanation for the change in how the risk was handled, even though no losses had occurred?

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Risk Management: What best explanation for change in how the risk was handled

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Risk Management: What best explanation for change in how the risk was handled

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