RISK TRANSFER THROUGH INSURANCE CONTRACT – PART OF BUSINESS RISK MANAGEMENT

Doina Popescu

Theoretical and Applied Economics, 2008, vol. 11(528)(supplement), issue 11(528)(supplement), 134-137

Abstract: The paper presents the importance of risk transfer through insurance contract for all organizations. The paper explains risk adjustment rules who offer key points for decision making when dealing with risk, but each of them also have limitations. Also, the paper presents risk managerial policies.

Keywords: pure risk(insurance risk); speculative risk; risk managerial policies; success in business; behaviour towards risk (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:134-137

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