IFRS Foundation and Insurance: Difference between pages

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An independent body  established to develop a single set of high quality, understandable, enforceable and globally accepted international financial reporting standards (IFRSs) through its standard-setting body, the IASB and its interpretative body the IFRS Interpretations Committee.  
''Risk management - transferring & pooling risk.''
 
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.
 


== See also ==
== See also ==
* [[IFRS]]
* [[Assurance]]
* [[IFRS Interpretations Committee]]
* [[Captive insurance company]]
* [[Chartered Insurance Institute]]
* [[Fixing instrument]]
* [[Force majeure]]
* [[Hedging]]
* [[HMO]]
* [[IAIS]]
* [[ILS]]
* [[Insurable]]
* [[Insurance risk]]
* [[Insure]]
* [[Option]]
* [[Premium]]
* [[Reinsurance]]
* [[Risk]]
* [[Risk management]]
* [[Risk response]]
* [[Trade credit insurance]]
* [[Transfer]]
* [[Underwriting]]


[[Category:Financial_risk_management]]

Revision as of 23:09, 19 March 2021

Risk management - transferring & pooling risk.

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.


See also