Risk, Insurance and the Extractive Industry

Charles Andoh ()
Additional contact information
Charles Andoh: University of Ghana Business School, Department of Finance

Chapter 5 in Fundamentals of Managing Risk and Insurance, 2026, pp 85-105 from Springer

Abstract: Abstract The extractive industry offers numerous benefits to a country, including employment opportunities for local populations, revenue generation for governments, and the provision of foreign exchange, among others. This chapter explores key sectors within the extractive industry, highlighting their benefits as well as the risks and threats they present. It further proposes appropriate loss control and loss financing measures to mitigate these risks. In particular, the chapter focuses on petroleum, mining, timber, rubber, and quarrying industries, examining the specific threats associated with each sector and outlining corresponding strategies for effective risk management.

Keywords: Mining industry; Petroleum industry; Quarrying industry; Rubber industry (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-95-4581-0_5

Ordering information: This item can be ordered from
http://www.springer.com/9789819545810

DOI: 10.1007/978-981-95-4581-0_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().