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