Management of the varied risks to which a business firm or association might be subject. It includes analyzing all exposures to gauge the likelihood of loss and choosing options to better manage or minimize loss. These options typically include reducing and eliminating the risk with safety measures, buying insurance, and self-insurance.
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About this Entry
This page contains a single entry by David published on July 12, 2005 4:11 PM.
RISK was the previous entry in this blog.
RISK RETENTION GROUPS is the next entry in this blog.
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