Insurance Risk Management Process

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Risk management – wikipedia, Introduction. a widely used vocabulary for risk management is defined by iso guide 73:2009, "risk management.vocabulary." in ideal risk management, a prioritization process is followed whereby the risks with the greatest loss (or impact) and the greatest probability of occurring are handled first, and risks with lower probability of occurrence.
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Insurance – wikipedia, Insurance means protection financial loss. form risk management primarily hedge risk contingent, uncertain loss.. entity insurance insurer, insurance company, insurance carrier underwriter..

https://en.wikipedia.org/wiki/Insurance
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