Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Risk Avoidance
Risk Reduction
Risk Retention
Risk Combination
Risk Transfer
Risk Sharing
At a Glance…….
Risk
Peril
Hazard
Types of Risk
Subject Matter of Insurance
Loss Frequency and Loss Severity
Risk Management…
Why?....When?...How?
At a Glance…….
Risk Management Strategies:
Risk Control
Risk Financing
Hazard
Physical Hazard
Moral Hazard
Morale Hazard
Types Pure Risk
Personal Risk
Property Risk
Liability Risk
Risk Management
Corporate Risk Management
Process
Risk Control
Risk Financing
Captive Insurer
Personal Risk Management
Personal
Property
Liability
Implement and Review the
program Periodically
Risk Management Policy Statement
Property Risks
Liability Risks
Legal Principles of Insurance
General Principles
Specific Principles
Miscellaneous Principles
General Principles
Offer and Acceptance
Legal Consideration
Competent to make Contract
Free Consent
Legal Object
Specific Principles of Insurance
Principle of indemnity
Principle of Insurable Interest
Principle of Subrogation
Principle of Utmost good faith
(Uberrima Fides)
Representations, Concealment,
Warranty
Principle of Proximate cause
MISCELLANEOUS PRINCIPLES
Principle of Contribution
Principle of Assignment
For Life Insurance
Indemnity not Applied
Conditional Contract
Contract of Adhesion (non
negotiable)
Unilateral in Nature
Risk & Insurance
Insurance Defined
Insurance Vs Gambling
Insurance Vs Hedging
Benefits of Insurance To Society
Indemnification of Loss
Less Worry and Fear
Sources of Investment Funds
Enhancement of Credit
Loss Prevention
Cost of Insurance to
Society
Requirements of an Insurable
Risk
Large Number
Accident and Unintentional
Non Catastrophic loss
Calculable Chance of Loss
Economically Feasible Premium
Application
Risk of Fire as
Insurable
Risk