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Solutions to incertitude: risk management in insurances

Narcis Mitu ()

MPRA Paper from University Library of Munich, Germany

Abstract: Business and risk have always been considered complementary concepts. Many companies are successful because of their ability to correctly recognize and to direct successfully all the risks resulting from the activities developed. Thus, we may say without being wrong, that risk represents an essential part in business.

Keywords: insurances; risk management; operational risk; financial risk; strategical sisk; hazard (search for similar items in EconPapers)
JEL-codes: D81 G22 G32 (search for similar items in EconPapers)
Date: 2005
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