R&C - renewable and convertible term life insurance

R/M - rectification/mitigation

RA - remedial action

RA - regional administrator (Clean Water Act)

RAA - Reinsurance Association of America

RACM - regulated asbestos-containing material

RACT - reasonably available control technology

RAM - reverse-annuity mortgage

RAROC - risk-adjusted return on capital

RARORAC - risk-adjusted return on risk-adjusted capital

RBC - risk-based capital

RBNE - reserved but not enough

RC - replacement cost

RCA - root cause analysis

RCRA - Resource Conservation and Recovery Act of 1976

RDF - retro development factor

REEL - real estate environmental liability

REIT - Real Estate Investment Trust

REL - recommended exposure limit

RFIS - Remedial Feasibility Investigation Study

RFP - request for proposal

RHU® - Registered Health Underwriter

RICO - Racketeer Influenced and Corrupt Organizations Act of 1970

RIF - Reduction in Force

RIMAS - Risk & Insurance Management Association of Singapore

RIMS - Risk and Insurance Management Society, Inc.

RM - risk management

RMF - rate modification factor

RMIA - Risk Management Institution of Australasia Ltd.

RMIS - risk management information system

RML - residual market load

ROC - Research and Oversight Council on Workers' Compensation

ROCIP - rolling owner controlled insurance program

ROE - return on equity

ROEBI - Return on Employee Benefits Investment

ROI - return on investment

ROL - rate on line

RORAC - return on risk-adjusted capital

RP - return premium

RPG - risk purchasing group

RPII - related party insurance income

RPLU - Registered Professional Liability Underwriter

RPM - remedial project manager

RPMP - Risk Premium Modification Plan

RQ - reportable quantity

RRA - Risk Retention Act of 1986

RRE - responsible reporting entity

RRG - risk retention group

RRP - railroad protective (liability)

RRSP - registered retirement saving plan