Financing of Risk & Costs Involved in a Risk Incidents

“Risk financing is basically concerned with arrangement of finance to meet with the financial losses which arises due to any unforeseen and unpredictable incident” Full extent of the potential financial cost should be known before rummaging into ...
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Scale of Loss of a Risk Incident & Financing

It is very important for a risk manager to know the scale of a risk. Scale of the risk includes frequency of the risk as well as severity of a risk. Any event can cause multiple losses, so the risk manager should be aware of the important exposures. ...
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