Insurance risk - Revision history

imported>Doug Williamson: Classify page.

2022-07-01T16:36:52Z

Classify page.

← Older revision		Revision as of 16:36, 1 July 2022
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	~~'''~~1.~~'''~~		1.

	For the customer - or potential customer - of an insurer, insurance risk is the risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance purchasing activities.		For the customer - or potential customer - of an insurer, insurance risk is the risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance purchasing activities.
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	~~'''~~2.~~'''~~		2.

	For an insurer, a primary insurance risk is the risk of making losses on the provision of insurance.		For an insurer, a primary insurance risk is the risk of making losses on the provision of insurance.
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	*[[Insurance]]		*[[Insurance]]
	*[[Premium]]		*[[Premium]]

			[[Category:Identify_and_assess_risks]]

imported>Doug Williamson: Layout.

2016-10-30T16:02:08Z

Layout.

← Older revision		Revision as of 16:02, 30 October 2016
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	The most common cause is a greater than expected number or value of claims, or both.		The most common cause is a greater than expected number or value of claims, or both.

imported>Doug Williamson: Expand.

2016-10-30T16:01:31Z

Expand.

← Older revision		Revision as of 16:01, 30 October 2016
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	~~The~~ risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance activities.		'''1.'''

			For the customer - or potential customer - of an insurer, insurance risk is the risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance purchasing activities.

	A simple example would be failing to pay an insurance premium on time, resulting in the organisation being uninsured.		A simple example would be failing to pay an insurance premium on time, resulting in the organisation being uninsured.


			'''2.'''

			For an insurer, a primary insurance risk is the risk of making losses on the provision of insurance.

			The most common cause is a greater than expected number or value of claims, or both.

imported>Doug Williamson: Be explicit that it is the treasurer's employer organisation which will be uninsured in the case illustrated.

2015-05-21T12:34:51Z

Be explicit that it is the treasurer's employer organisation which will be uninsured in the case illustrated.

← Older revision		Revision as of 12:34, 21 May 2015
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	The risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance activities.		The risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance activities.

	A simple example would be failing to pay a premium on time, resulting in being uninsured.		A simple example would be failing to pay an insurance premium on time, resulting in the organisation being uninsured.

imported>Doug Williamson: Create the page. Source: MCT reading 1 - 1.4.1 page 3.

2015-05-19T11:31:43Z

Create the page. Source: MCT reading 1 - 1.4.1 page 3.

New page

The risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance activities.

A simple example would be failing to pay a premium on time, resulting in being uninsured.

== See also ==
*[[Insurance]]
*[[Premium]]