Personal Risks
Enterprise Risk Management
Risk Financing
Self Insurance
Premature Death
Systemic Risk
Indirect Loss
Risk Control
Hedging
Direct Loss
refers to techniques that reduce the frequency or severity of losses.
combines into a single unified treatment program all major risks faced by the firm.
is defined as a financial loss that results from the physical damage, destruction, or theft of the property.
are the risks that directly affect an individual or family.
is the risk of collapse of an entire system or entire market due to the failure of a single entity or group of entities that can result in the breakdown of the entire financial system.
is the death of a family head with unfulfilled financial obligations.
refers to techniques that provide for the funding of losses.
is a special form of planned retention by which part or all of a given loss exposure is retained by the firm.
is a financial loss that results indirectly from the occurrence of a direct physical damage or theft loss.
is a technique for transferring the risk of unfavorable price fluctuations to a speculator by purchasing and selling futures contracts on an organized exchange.