RRG meaning in Space Science ?

Answer:

What is Risk Retention Group mean?

A risk retention group (RRG) in business economics is an alternative risk transfer entity created by the federal Liability Risk Retention Act (LRRA). RRGs must form as liability insurance companies under the laws of at least one state—its charter state or domicile. The policyholders of the RRG are also its owners and membership must be limited to organizations or persons engaged in similar businesses or activities, thus being exposed to the same types of liability. Most RRGs are regulated as captive insurance companies. However, RRGs domiciled in states without captive law are regulated as traditional insurance companies.

A risk retention group is a corporation or limited liability association formed under the laws of any state for the primary purpose of assuming liability exposures on behalf of its members. Members of the group must be engaged in similar activities or related with respect to liability exposures by virtue of any related or common business exposure, trade, product, service, or premise. Members must have an ownership interest in the group and only members may benefit from the group. Risk retention groups only apply to liability loss exposures.

RRGs provide their members with the following benefits:

Program controlLong-term rate stabilityCustomized Loss control and risk management practicesDividends for good loss experienceAccess to reinsurance marketsStable source of liability coverage at affordable ratesMulti-state operations reference

Full Form	Category
Robust Robotics Group	Academic & Science
Resuscitation Research Group	Academic & Science
Reinbolt Research Group	Academic & Science
Regular Research Grant	Academic & Science
Robotics Research Group	Academic & Science
Robotics Research Group (University of Texas at Austin)	Academic & Science
Routing Research Group	Academic & Science
Rodrigues Island	Airport Code
Ready for Revenue Generation	Banking
Richmond Restaurant Group	Business
Ricontro e Rettifiche Giornalien	Business
Richie Ranno Group	Business
Retail Realty Group, Inc.	Business
Regional Resource Group	Business
Regulatory Resources Group	Business
Role and Reference Grammar	Community
Residents for Responsible Government	Community
Religious Rehabilitation Group	Community
Raging Rebel Gaming	Computing
Red River Gorge	Earth Science
Recruiting Resource Group	General
Risk Reduction Graduate	General
Risk Retention Groups	General
Rabbi Reuven Grodner	General
Rust Rewrite of GRR	General
Roker Record Group	General
Renault Retail Group	General
Rolls Royce Group	General
Rear Regulator	General
Red Racing Green	General
Richies Recovery Garage	General
Relative Rotation Graphs	General
Referral Resource Group	Jobs
Requirements Review Group	Military and Defence
RailRoad Generator Set	Regional
Risk Retention Group	Space Science
Rogue River Gold	Sports