0
What are similarities and differences between insurance and risk management?
Wiki User
∙ 10y ago
"Risk management" might be considered to be the umbrella topic. Managing risk can be accomplished by risk avoidance, taking measures to reduce or ameliorate risk, or risk transfer. Insurance is the fundamental form of risk transfer because the financial impact of an untoward event (the risk) is transferred to a third party (the insurer) in return for the payment of a premium.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What is the relationship between insurance and successful financial management Why is insurance important?
vsiii9z0iiok
What is the relationship between insurance and financial management?
The difference between insurance and financial management is insurance is some thing you have to protect ur car, home, baot, etc. from being financialy stuck with a bill that you have to pay by yourself and financial management is
What is the relationship between insurance and successful financial management?
money
What are the differences between hire purchase transaction and deferred payment?
give three similarities and three difference between hire purchases and deferred payment
How does Prudential insurance compare to Farmers insurance?
The main difference between Prudential and Farmers is that Prudential offers a variety of financial services, including insurance, while Farmers specializes in just insurance. Differences in rates between the two companies will depend on such factors as where you live, your income, the items you are insuring, past claims, etc.
What are the similarities and differences between traditional management styles and quality-focused management styles?
nnknkm, knkkm kmk
What are the similarities and differences between the Hoyt and Burgess land use model?
What are the similarities and differences between the Hoyt and Burgess
Explain the similarities and the differences between fractions and rational expression?
similarities and differences between ordinary fractions and rational expressions.
Similarities and differences between Britain and Nigeria education?
differences: britain better Similarities: education
What are the similarities and differences between sociology and social psychology?
kindly assist me answer the question what are the similarities and differences between sociology and social psychology
What are the similarities between cow giraffe and lizard?
Differences and similarities between ostrich and cow
Distinguish between administration and management?
discuss the similarities and differences of public and private administration
There are differences and similarities between prokaryotes and eukaryotes the similarities are?
eukaryotes have a nucleus
Are there more similarities than differences between the Romans and 21st century?
there are more differences than similarities between The Romans and 21st century
What are the similarities and differences between the Tudors and the Aztecs?
what are the similarties and differences between the tudors and the Aztecs
What are the similarities and differences in evolutionary theory?
The question is unclear. It is not made clear between what these similarities and differences should exist.
What are the similarities and differences between jati and varna?
what is it
