Insurance: Difference between revisions
imported>Doug Williamson (Add definition. Source: Linked pages) |
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3. ''Risk management - | 3. ''Risk management - market stability - regulation.'' | ||
The actions or structures of a regulator or supervisor to ensure market stability, whether or not they are provided on commercial terms. | The actions or structures of a regulator or supervisor to ensure market stability, whether or not they are provided on commercial terms. | ||
For example, the liquidity insurance provided by the Bank of England in acting as a lender of last resort for banks and other financial market participants. | For example, the liquidity insurance provided by the Bank of England in acting as a lender of last resort for banks and other financial market participants. | ||
Retail deposit insurance is another example. | |||
4. ''Risk management.'' | |||
More broadly, any action or structure designed to reduce or mitigate risk. | |||
== See also == | == See also == | ||
* [[After the event insurance]] | |||
* [[Assurance]] | * [[Assurance]] | ||
* [[Captive insurance company]] | * [[Captive insurance company]] | ||
* [[Chartered Insurance Institute]] | * [[Chartered Insurance Institute]] | ||
* [[Credit insurance]] | |||
* [[Deposit insurance]] | * [[Deposit insurance]] | ||
* [[European Insurance and Occupational Pensions Authority]] (EIOPA) | |||
* [[Excess]] | |||
* [[Export credit insurance]] | |||
* [[Export insurance]] | |||
* [[Financial Conduct Authority]] | * [[Financial Conduct Authority]] | ||
* [[Fixing instrument]] | * [[Fixing instrument]] | ||
| Line 29: | Line 42: | ||
* [[Hedging]] | * [[Hedging]] | ||
* [[HMO]] | * [[HMO]] | ||
* [[ | * [[IFRS 4]] | ||
*[[International Association of Insurance Supervisors]] (IAIS) | |||
* [[ILS]] | * [[ILS]] | ||
* [[Insurable]] | * [[Insurable]] | ||
* [[Insurance Capital Standard]] | |||
* [[Insurance risk]] | * [[Insurance risk]] | ||
* [[Insure]] | * [[Insure]] | ||
| Line 37: | Line 52: | ||
* [[Liquidity insurance]] | * [[Liquidity insurance]] | ||
* [[National Insurance]] | * [[National Insurance]] | ||
* [[Net-Zero Insurance Alliance]] | |||
* [[Option]] | * [[Option]] | ||
* [[Premium]] | * [[Premium]] | ||
* [[Price walking]] | * [[Price walking]] | ||
* [[Principles for Sustainable Insurance]] | |||
* [[Regulation]] | * [[Regulation]] | ||
* [[Reinsurance]] | * [[Reinsurance]] | ||
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* [[Trade credit insurance]] | * [[Trade credit insurance]] | ||
* [[Transfer]] | * [[Transfer]] | ||
* [[Trustee liability insurance]] | |||
* [[Underwriting]] | * [[Underwriting]] | ||
[[Category:Financial_risk_management]] | [[Category:Financial_risk_management]] | ||
Latest revision as of 15:23, 27 September 2023
1. Risk management - transferring & pooling risk - commercial.
A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.
Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.
2. Risk management - transferring & pooling risk - commercial.
The act or structure of providing insurance on a commercial basis, or of buying it.
3. Risk management - market stability - regulation.
The actions or structures of a regulator or supervisor to ensure market stability, whether or not they are provided on commercial terms.
For example, the liquidity insurance provided by the Bank of England in acting as a lender of last resort for banks and other financial market participants.
Retail deposit insurance is another example.
4. Risk management.
More broadly, any action or structure designed to reduce or mitigate risk.
See also
- After the event insurance
- Assurance
- Captive insurance company
- Chartered Insurance Institute
- Credit insurance
- Deposit insurance
- European Insurance and Occupational Pensions Authority (EIOPA)
- Excess
- Export credit insurance
- Export insurance
- Financial Conduct Authority
- Fixing instrument
- Force majeure
- GI
- Hedging
- HMO
- IFRS 4
- International Association of Insurance Supervisors (IAIS)
- ILS
- Insurable
- Insurance Capital Standard
- Insurance risk
- Insure
- Lender of last resort
- Liquidity insurance
- National Insurance
- Net-Zero Insurance Alliance
- Option
- Premium
- Price walking
- Principles for Sustainable Insurance
- Regulation
- Reinsurance
- Risk
- Risk management
- Risk response
- Supervision
- Trade credit insurance
- Transfer
- Trustee liability insurance
- Underwriting
