Limitations of Insurance as a Risk Financing Tool
Hongmu Lee
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Hongmu Lee: Waseda University
Chapter 9 in Risk Management, 2021, pp 105-117 from Springer
Abstract:
Abstract Insurance is a traditional means of risk financing. However, this insurance has limitations as a means of risk financing derived from its mechanism. This chapter outlines the limitations of insurance as a means of risk financing.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-981-16-3468-0_9
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DOI: 10.1007/978-981-16-3468-0_9
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